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You Searched For "central banks in europe" and got 20 results


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Switzerland's central bank says it will provide liquidity to Credit Suisse if deemed necessary for the embattled lender

Credit Suisse "meets the capital and liquidity requirements imposed on systemically important banks…

Carla Mozée   


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3 mins read

India tops global remittance charts at $125 billion in 2023: World Bank report

According to the World Bank, the report highlights India's significant position as the top remittan…

ANI   


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US, China, Europe and India — all are mulling the possibility of a digital currency, but no one is ready to bite the bullet, yet

Simply put, CBDCs are digital versions of the currencies you use right now. In the US, a CBDC …

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2 mins read

The European Central Bank pulled the trigger on a record interest rate hike as Europe battles a Russian energy crisis and spiraling food prices

The second consecutive increase by the central bank is the biggest since it was founded in 1998, wi…

Will Martin   


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Sensex, Nifty50 fall for second consecutive day as hawkish central banks continue to spook investors

Equity benchmarks Sensex and Nifty declined nearly 1 per cent on Friday, in tandem with a weak tren…

PTI   


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Oil prices drop as hawkish central banks spark fears of a downturn

Brent crude dropped more than 3.5% as soaring inflation and looming rate hikes spook traders ahead …

Phil Rosen   


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2 mins read

Giving Russian reserves to Ukraine would be 'elegant justice,' former World Bank chief says

"If countries believe that they cannot conquer and annex their neighbors without losing access to t…

Filip De Mott   


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Report from Money20/20: Ukrainian bank and fintech leaders explain how they keep going during extraordinary times

The war in Ukraine has upended normal life, but the banking sector has continued to operate. The co…

Grace Dean   


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The European Central Bank has raised interest rates for the 5th time in a row, sticking to its inflation fight

Europe's central bank has hiked its key interest rate by 50 basis points, as it battles increased p…

George Glover   


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There's a 50% chance of a global recession as central banks hike rates to curb inflation, says Deutsche Bank chief

"At least I would say we have 50% likelihood of a recession globally," Christian Sewing told Bloomb…

Phil Rosen   


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Mohamed El-Erian warns of a 'vicious' economic slowdown that can only be saved with more policy efforts

"People are becoming more hesitant to interact socially and economically. We need to break that cyc…

Emily Graffeo   


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4 mins read

The ECB boosted its COVID-19 stimulus package by $606 billion and extended its bond-buying program by nine months

The central bank said it will keep its bond-buying program in place until March 2022, nine months l…

Shalini Nagarajan   


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US stocks trade mixed as Big Tech earnings to kick off while Fed readies next rate hike

Roughly one-third of S&P 500 companies are reporting this week, while investors look ahead to watch…

Phil Rosen   


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Russia's central bank slashes interest rates to below pre-invasion levels as oil and gas exports ease severity of its recession

The bank predicted that the Russian economy will contract between 4% and 6% this year, down from it…

Phil Rosen   


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3 mins read

Global stocks fall as focus turns to ECB's upcoming rate hike, as US earnings optimism takes a knock

There's doubt about the size of the ECB's first interest rate hike in 11 years, while mixed earning…

Karen Friar   


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The European Central Bank just hiked interest rates for the first time in 11 years, amid political and economic crisis

The ECB opted to hike interest rates by an outsized 50 basis points in a bid to cool red-hot inflat…

Harry Robertson   


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IMF urges Europe to provide more monetary and fiscal support to prevent further damage to the eurozone economy

Rising infections and re-imposed lockdowns have damaged confidence and raised the risks to the euro…

Amanda Cooper   


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US stocks dip after big rally as earnings season ramps up with Tesla due to report

"The central bank is unlikely to ease policy in response to equity market movements, at least not n…

Phil Rosen   


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Global stocks rise as Netflix earnings boost confidence and energy fears cool

A more upbeat mood took hold of investors on Tuesday and Wednesday after Netflix posted better-than…

Harry Robertson   


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Europe's pandemic debt burden is large but sustainable, the ECB's chief economist says

European governments are spending trillions to protect their economies from the pandemic, but they …

Amanda Cooper