European Central Bank

The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move “slightly” too late, Managing Director Kristalina Georgieva said Thursday. The US Federal Reserve, the European…

What Jackson Hole is to America’s Federal Reserve, Sintra is to the European Central Bank. Each year it gathers at the hideout, near Lisbon in Portugal, to ponder the latest data, research, and policy. The IMF’s deputy director, Gita…

Global factory activities fell owing to slowing global demand and the impact of China's COVID-19 lockdowns weighed, although the downturn eased in Europe and activity in India actually picked up, Reuters' surveys showed on Thursday.

The European Central Bank (ECB) said on Wednesday it would harmonise how banks offer crypto assets to ensure they have enough capital and expertise in a sector some European Union lawmakers have described as the Wild West. Several crypto…

The Bank of Japan (BOJ) will not introduce a digital yen as a means to achieve negative interest rates, an idea sometimes discussed in academic circles, a senior central bank official said on Wednesday. “The bank will not introduce CBDC on…

The U.S. dollar fell on Wednesday as investor sentiment improved and government bond yields extended their retreat, while commodity-linked currencies such as the Australian and Canadian dollars rose. The lower U.S.…

The eurozone economy shrank less than expected in 2020 given the devastating consequences of the covid-19 pandemic, official data showed on Tuesday. The Eurostat statistics agency said the eurozone economy shrank by 6.8 per cent in 2020,…

World stocks racked up record highs on Thursday and the dollar fell, as investors bet major stimulus from new U.S. President Joe Biden and unswerving global central bank support would cushion the coronavirus’s economic damage. Europe’s…

The dollar touched a more than two-year low on Monday and is set to log its largest monthly fall since July as a combination of vaccine optimism and bets on more monetary easing in the United States drove investors out of the world’s…

Brazil's death toll from the new coronavirus surpassed Italy's to become the third-highest in the world, as Europe emerged from punishing lockdowns and the EU pressed for a reopening of borders. The bleak figures from Brazil…