[ad_1] “House price declines could accelerate if markets reprice inflation risks and financial conditions tighten more than expected,” the IMF said. Data from Europe’s statistics office, Eurostat, showed house prices…
Tag: European Central Bank
Draghi’s political downfall: How power imploded in Italy and what happens next
[ad_1] Once a managing director at Goldman Sachs International, Draghi became Italian prime minister in February 2021 to lead a technocratic government. Draghi delivered on several fronts, including putting together…
Denmark to join euro zone’s Target2 payment system
[ad_1] FRANKFURT (Reuters) – Denmark’s central bank has applied to join from 2025 the European Central Bank’s Target2 system, a real-time payment settlement platform used to clear cross-border interbank transactions,…
Europe’s leaders battle banking crisis as market rout hangs over Brussels summit
[ad_1] German Chancellor Olaf Scholz told reporters at an EU summit that Deutsche Bank is a profitable business with no reasons for concern. French President Emmanuel Macron also told reporters…
ECB raises rates as planned despite banking turmoil
[ad_1] The European Central Bank raised interest rates by 50 basis points on Thursday as promised, ignoring financial market chaos and calls by investors to dial back policy tightening at…
FTSE 100 Live: Credit Suisse lifeline eases banking crisis fears
[ad_1] 1678962144 Rentokil Initial leads FTSE 100 recovery, Currys down 4% Rentokil Initial led the FTSE 100 index today as the rat catcher gave investors a reminder of its appeal…
Bank turmoil casts shadow over Europe interest rate decision
[ad_1] FRANKFURT, Germany (AP) — European Central Bank President Christine Lagarde said last week that a big interest rate increase was “very likely” at Thursday’s meeting. That was before Silicon…
Opinion | A World of Tighter Money
[ad_1] Financial markets take a hit as they awaken to the new central bank reality. [ad_2] Source link