Tags » European Central Bank

Rate outlook: What are central banks going to do next?

Central banks enter the new year under pressure from investors to rethink just how aggressive they can be hiking interest rates.

A slowdown in the world economy, the trade war and skittish financial markets are forcing policymakers to express fresh caution about their scope for tightening monetary policy. 1,222 more words

News

Draghi Warns Lawmakers Eurozone Economy Is Weaker Than Expected

‘There is no room for complacency,’ ECB president says at European Parliament

European Central Bank President Mario Draghi speaks at the European Parliament on Tuesday. PHOTO: PATRICK SEEGER/SHUTTERSTOCK… 380 more words

'Change your money now' if you’re heading abroad after Brexit vote

If you’re heading abroad for some winter sun, it’s probably best to change your money now amidst growing uncertainty ahead of the Brexit vote, experts have warned. 460 more words

UK

European Central Bank must allow full scrutiny of banking supervision

The European Court of Auditors has called on the Union’s legislators to intervene and ensure the European Central Bank allows full access to documents for audits related to banking supervision. 448 more words

News

Philip Cross: Central bankers can blame themselves for undermining their political ‘independence’

The sniping at Bank of England Governor Mark Carney from the U.K.’s Tory backbenchers over his fearmongering about the perils of Brexit and President Donald Trump’s threat to replace Jerome Powell as chair of the Federal Reserve Board for raising interest rates have both renewed concerns about preserving the independence of central banks from political influence. 1,006 more words

FP Comment

4 Jan 2019 (AFR) - ECB steps in to 'stabilise' Italian lender Banca Carige

(4 January 2019, AFR, p17, by Anna Isaac)

‘Fears over the fragility of the Italian financial system have been renewed after European authorities took control of the lender Banca Carige and new data indicated the country is flirting with recession. 47 more words

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