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You Searched For "central banks in europe" and got 17 results


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1 min read

Russia's central bank hikes interest rate to 21% to fight stubborn inflation

Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.

Nathan Rennolds   


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2 mins read

Europe's central bank cuts interest rates for first time in 5 years

The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…

Theron Mohamed   


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3 mins read

How Europe can avoid a trade war in a 2nd Trump term

The EU will need to respond if Trump implements his proposals for sweeping tariffs, but it has to b…

Kelly Cloonan   


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Trump win would hammer growth and send inflation soaring in Europe, ECB official says

Trump's high tariffs would pose risks to both economic growth and inflation in Europe, ECB member J…

Kelly Cloonan   


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4 mins read

Europe has admitted it's fallen behind US innovation. Now it's plotting a comeback.

Veteran EU leader Mario Draghi has published a new report outlining the "existential challenge" fac…

Hasan Chowdhury   


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Taylor Swift's economic clout has now come for Europe

Over the last year, Swift's Eras Tour injected billions into the US economy. She could do the same …

Katie Balevic,Lauren Edmonds   


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5 mins read

The golden age of golden visas is over in southern Europe

Generous visa programs in southern Europe have boosted economies and attracted huge real estate inv…

Eliza Relman   


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Oil prices remain above $100/barrel as Russia-Ukraine crisis deepens

The threat of sanctions on Russian hydrocarbon exports and uncertainty surrounding supplies will ex…

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Dow tumbles over 300 points as Deutsche Bank jitters reignite Europe's banking concerns

Fears over the financial health of European banks are also mounting, with Deutsche Bank shares slum…

Zahra Tayeb   


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Indian economy to grow at 7% in FY23 global headwinds, says Finance Ministry

Despite the global economy operating under an extremely challenging macroeconomic environment like …

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The real risks banks face lie in central banks' rate-hike campaigns and geopolitical tensions, IIF boss warns

Banks are facing a lot of risks right now — but the danger lies in rising interest rates rath…

Zinya Salfiti,George Glover   


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3 mins read

The euro is facing a deeper slide under the weight of Europe's gas crisis and the ECB's bond-rout response, says Societe Generale

The euro is sinking closer to parity with the dollar, buying $1.016 and trading at a nearly 20-year…

Carla Mozée   


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Central banks favor the euro in the short term and the yuan long term as they push to de-dollarize reserves

The euro will see the most demand over the next two years, but the longer-term outlook still favors…

Filip De Mott   


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China expands de-dollarization push as global central banks use record amount of yuan

The yuan's use in currency swaps grew to $15.6 billion at the end of March, marking the second-larg…

Filip De Mott   


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2 mins read

The European Central Bank just brought in another big rate hike despite Credit Suisse rattling bank stocks

The ECB raised borrowing costs Thursday for the sixth time in a row, sticking to its plan by bringi…

George Glover   


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3 mins read

Gold demand dips 13% globally in Jan-Mar quarter says World Gold Council

Global gold demand declined by 13 per cent year-on-year to 1,080.8 tonnes during the January-March …

PTI   


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5 mins read

A retired boomer who moved from the US to Costa Rica said it's 'horribly incorrect' to assume life in Central America is much cheaper

Gary Keenan moved from New Mexico to Costa Rica for retirement but found living costs high — someti…

Noah Sheidlower