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European Central Bank

European Central Bank set to raise interest rates after inflation edges higher

The inflation rate in the eurozone inched higher last month, extending the squeeze on households and keeping pressure on the European Central Bank (ECB)...

Markets close weaker as investors price in more rate hikes

Inflation is close to it's peak, as CPI data suggests going from 10.4% to 10% over November, but rate hikes are still on the...

European Central Bank vows to create backstop against market turmoil

The European Central Bank (ECB) has vowed to create an unspecified market backstop that could be used to buffer some countries against bond market...

European Central Bank plans to redesign euro banknotes

The European Central Bank (ECB) has revealed plans to redesign its euro banknotes, with a final decision on the new look expected in 2024. The...

Draghi says he has enough support to form Italy’s new government

Former European Central Bank chief Mario Draghi has told Italy’s president that he has secured enough political support to form a new government. The formation...

European Central Bank increases support to countries ravaged by pandemic

The European Central Bank has boosted its pandemic emergency support programme by 600 billion euros to 1.35 trillion euros in an effort to keep...

How high can we go? Market waits for Fed decision

The European Central Bank (ECB) met July 25th, signaling more easing measures ahead in this slowing market. The central bank said it aims to...

European Central Bank bosses approve nomination of Christine Lagarde

The European Central Bank’s governing council has signed off on the nomination of International Monetary Fund head Christine Lagarde as the next head of...

Ursula von der Leyen nominated to lead European Commission

German defence minister Ursula von der Leyen has been nominated by EU leaders to head up the European Commission. France's Christine Lagarde has been proposed...

Pound suffers as European Central Bank hints at stimulus curbs

Pound Sterling was wallowing at eight month lows against the euro, as investors continued to trade on news that the European Central Bank may...

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