Category: ECB
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ECB Nears Point of Pausing or Halting Cuts, Schnabel Says
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Bread path links PMN Business Ezabelle Channel executive member told the Financial Times that the European Central Bank will soon have to discuss taking a break or termination completely, which distinguishes him in the field of interest rates. The author of the article: Bloomberg News Jana Rando and Mark Shrarsers…
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Charting the Global Economy: Fed Holds While ECB Lowers Rates
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Bread path links PMN Business Federal Reserve officials pass with caution in interest rates against the backdrop of strong American economic activity and a proper labor market, as politicians are waiting for political officials from the Trump administration. The author of the article: Bloomberg News Vince Gul and Molly Smith…
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Forget the ECB — Czechia Should Embrace Bitcoin on Its Own Terms
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The Czech National Bank (CNB) is considering adding Bitcoin to its national reservesWith the governor Alice Michael proposing to allocate up to 5 % of the 140 billion euros in the country to the encrypted currency. If approved, this step will make CNB the first Western Central Bank to hold…
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EU Banks Urged To Embrace Digital Euro Amid Trump’s Stablecoin Push, Says ECB Board Member
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In a recent statement, a member of the European Central Bank Board of Directors (ECB), Piero Sebolone, stressed the need for the euro euro dignity banks to adopt the initiative of US President Donald Trump to encourage stable currencies. These cryptocurrencies associated with US dollar are part of a broader…
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EU Banks Urged To Embrace Digital Euro Amid Trump’s Stablecoin Push, Says ECB Board Member
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In a recent statement, a member of the European Central Bank Board of Directors (ECB), Piero Sebolone, stressed the need for the euro euro dignity banks to adopt the initiative of US President Donald Trump to encourage stable currencies. These cryptocurrencies associated with US dollar are part of a broader…
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ECB Rate Cuts Will Continue Next Year, Vujcic Tells HRT1
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(Bloomberg) — The European Central Bank will continue to lower borrowing costs in 2025, according to Governing Council member Boris Vujicic. Most read from Bloomberg “The trend is clear, it is a continuation of the trend from 2024, which is further reduction in interest rates,” the head of the Croatian…
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Pound hits 20-month high against Euro as ECB rate cuts loom
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The pound rose to its highest level against the euro in almost two years on Tuesday, rising 0.3 percent to €1.21. The pound’s rise comes amid growing expectations that the European Central Bank will cut interest rates further this week, as Europe’s largest economies struggle for momentum. The European Central…
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ECB, Swiss set to cut, but by how much?
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A look at the day ahead in European and global markets from Kevin Buckland The big two weeks for global central banks come with policy decisions from two of the biggest banks on Thursday: the European Central Bank and the Swiss National Bank. Interest rate cuts by both are not…
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The ECB Economists Aren’t Exactly Wrong About Bitcoin (They’re Just Useless)
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Follow Aaron on our or X. Earlier this month, the European Central Bank (ECB) published a report paper The authors claim that the existence of Bitcoin could lead to the impoverishment of non-holders and laggards. Specifically, they wrote: “Since Bitcoin does not increase the productive potential of the economy, the…
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What The ECB Gets Wrong About Bitcoin
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Follow Frank on X. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank published a report paper Entitled “The Distributional Consequences of Bitcoin” they make a set of questionable claims about Bitcoin. The ideas that those who were late to invest in Bitcoin have been made impoverished…
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What The ECB Gets Wrong About Bitcoin
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Follow Frank on X. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank published a report paper Entitled “The Distributional Consequences of Bitcoin” they make a set of questionable claims about Bitcoin. The ideas that those who were late to invest in Bitcoin have been made impoverished…
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ECB Paper Is A ‘Declaration Of War’ Against Bitcoin: Expert
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In a harsh criticism of the European Central Bank’s latest research, prominent analyst Tor Demeester described the ECB’s new publication as a “real declaration of war” against Bitcoin. The ECB paper, titled “The Distributional Consequences of Bitcoin,” written by Ulrich Bindseil and Jürgen Schaaf, sparked an intense response from the…
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Charting the Global Economy: ECB Lowers Rates as Inflation Wanes
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Breadcrumb links BMN Business The European Central Bank has cut interest rates for the third time this year as a rapid decline in inflation allows policymakers to provide support to the region’s faltering economy. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted on October 19, 2024 • 3…
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ECB Cuts Rates in October, Signals Openness to Further Adjustments
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In a unanimous decision and as markets expected, ECB members cut key interest rates by 25 basis points as of October 23: the Deposit rate It is now down to 3.25% the Prime refinancing rate I will retreat to 3.40% the Marginal lending facility rate It will ease to 3.65%…
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Dollar remains supported ahead of Fed speakers; euro awaits ECB decision By Investing.com
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Investing.com – The US dollar rose on Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials. At 04:00 EST (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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Newsquawk Week Ahead: US Retail Sales, ECB, inflation from Japan, NZ, UK and Canada
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Sun: Chinese Inflation Mon: OPEC MOMR, Chinese Trade Balance (Sep), Canada market holiday Tue: SARB Announcement, IEA OMR, UK Jobs Report (Aug/Sep), Swedish CPIF (Sep), German ZEW (Oct), Canadian CPI (Sep), New Zealand CPI (Q3) Wed: Bank of Indonesia Announcement, UK Inflation (Sep) Thu: ECB Announcement, CBRT Announcement, European Council…
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ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect
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Breadcrumb Trail Links PMN Business The European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out just a month ago. Author of the article: Bloomberg News Craig Stirling Published Oct 12, 2024 • …
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ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect
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Breadcrumb Trail Links PMN Business The European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out just a month ago. Author of the article: Bloomberg News Craig Stirling Published Oct 12, 2024 • …
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The @Newsquawk Europe Market Open: China finance briefing, ECB and Fed speakers ahead
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Full note ? Asia-Pacific stocks traded mixed, initially benefiting from a technology-led rally on Wall Street, while China’s upcoming fiscal policy summary looms. ?Main developments: The Chinese Ministry of Finance will hold a press conference on October 12 to explain the fiscal policy adjustments. The Reserve Bank of New Zealand…
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ECB will probably cut rates in Oct on risk of too low inflation: Villeroy By Reuters
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FRANKFURT (Reuters) – The European Central Bank will likely cut interest rates on October 17 as economic growth weakens and that raises the risk that inflation will fall below its 2% target, French central bank President Francois Villeroy de Galhau told an Italian newspaper. The European Central Bank has cut…