Thursday, September 19, 2024
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European Central Bank

Explainer-ECB’s role in any UniCredit and Commerzbank combination

FRANKFURT (Reuters) - UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to...

Analysis-Big Fed cut puts an ECB move next month on traders’ radar

By Balazs Koranyi and Francesco CanepaFRANKFURT (Reuters) - A big interest rate cut from the U.S. Federal Reserve on Wednesday raised bets on further...

Central bank digital currency momentum growing, study shows

By Marc JonesLONDON (Reuters) - A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies,...

Central bank body BIS urges cenbanks not to squander interest rate buffers

By Marc JonesLONDON (Reuters) - The Bank for International Settlements has urged top central banks not to squander the interest rate buffers they have...

Central bank body BIS urges cenbanks not to squander interest rate buffers

By Marc JonesLONDON (Reuters) - The Bank for International Settlements has urged top central banks not to squander the interest rate buffers they have...

Why Fed rate cuts matter to world markets

LONDON (Reuters) - When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the move will resonate...

Why Fed rate cuts matter to world markets

LONDON (Reuters) - When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the move will resonate...

Nagel Says Inflation to Hit 2% Target, But ECB Must Stay Focused

(Bloomberg) -- European Central Bank policymakers must remain on alert even with consumer-price growth on track to slow to 2% by the end of...

Stock market today: In premarket, Wall Street inches closer toward erasing last week’s losses

Wall Street inched toward modest gains before the open Friday as markets continue to erase last week's sweeping losses.Futures for the S&P 500 climbed...

Global rate cutting cycle picking up pace

By Naomi Rovnick and Dhara RanasingheLONDON (Reuters) - Interest rate cuts from major central banks are well underway, with the European Central Bank on...

European Central Bank cuts benchmark rate by a quarter point as inflation declines

FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with lower...

Asian shares up on Wall St tech boost, dollar extends gains on yen

By Stella QiuSYDNEY (Reuters) - Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after...

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