Tag: ECB
Reassured by the drop in inflation, the ECB once again lowers its main key rate – L’Express
A new relaxation in a row. After a similar decision in September, the European Central Bank (ECB) decided on Thursday October 17 to further reduce its key rates. This new…
Patuelli (ABI): I expect another interest cut from the ECB shortly
(Finance) – “I expect, and hope, that given the reduced trends in inflation within 48 hours the ECB will make another non-negligible cut, which would bring it further ahead of…
ECB: European banks’ profitability hits new all-time high
(Finance) – The profitability of banks in Europe has reached a new all-time high at 10.11%in the second quarter of 2024, up from 15.74% in the previous quarter and 15.71%…
ECB, Lagarde: uncertainty still strong ahead, fundamental objectives unchanged
(Finance) – “To manage uncertainty, we have introduced a monetary policy framework based on three elementsnot only on inflation forecasts but also on underlying inflation dynamics and the intensity of…
Unicredit, rumors: request to ECB to increase up to 30% of Commerzbank in days
(Finance) – In a few days UniCredit should submit to the European Central Bank (ECB) therequest for authorization to increase from the current 9% to 30% Of Commerzbanktakeover threshold. Messaggero…
ECB, Lane: “Gradual removal of monetary brake appropriate”
(Finance) – Looking ahead, the ECB “will consider an approach of gradual removal of restrictions as appropriate if the data that will arrive will be in line with the baseline…
Unicredit, ECB OKs First Tranche Buyback of 1.7 Billion
(Telestock) – UniCredit has received the ECB’s approval to execute the first part of the 2024 share buyback programme for up to EUR 1.7 billion. The approval was based on…
European Central Bank cautiously cuts rates by a quarter point
The European Central Bank (ECB) is lowering its key interest rates by a quarter of a point on Thursday, September 12, 2024. This is a cautious reduction given that inflation…
Rates, ECB: second cut of the year expected today. What will happen next?
(Telestock) – Second rate cut ready with which the ECB is easing the monetary tightening that began during the energy crisis 2022-2023. But if the deposit rate – which has…
European markets positive on the eve of the ECB
(Telestock) – The main Euroland markets are moving in positive territoryas the countdown to tomorrow’s ECB meeting has begun, which is expected to launch a new rate cut. Next week…