european central bank

SINGAPORE: The US dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powellsignalled interest rates would be kept higher for longer to bring down soaring inflation. The dollar…

Over seven per cent of Indians owned digital currency in the form of cryptocurrency in 2021, the United Nations trade and development body UNCTAD revealed. UNCTAD highlighted that the use of cryptocurrencies globally, including the…

Euro zone bond yields fell and European shares rallied on Wednesday, tracking moves in U.S. markets after lower-than-expected U.S. inflation print for July dampened expectations for a 75 basis-point Fed rate hike in September. Germany's…

Since it began its current round of interest-rate hikes this year, the U.S. Federal Reserve has aimed to let investors know ahead of time not just where rates are heading generally but exactly how big a move to expect each time. And…

FRANKFURT: The European Central Bank (ECB) raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even while the euro zone economy reels from the impact of Russia's war…

The European Central Bank raised its interest rates for the first time since 2011 on Thursday and unveiled a new bond-buying programme to keep borrowing costs in check for the euro zone's most indebted countries. The ECB raised its…

Asian shares extended a global rally on Wednesday as strong U.S. corporate earnings and the expected resumption of Russian gas supply to Europe helped lift sentiment and ease fears of a recession, while the dollar was mired near two-week…

European shares fell sharply on Wednesday, after U.S. inflation for June came in higher than expected, raising bets about a more aggressive Federal Reserve next week and pushing the euro below parity with the dollar. Data showed U.S.…

The European Central Bank should be cautious about deploying tools to contain the borrowing costs of weaker nations, Bundesbank president Joachim Nagel said. In his first remarks on the matter since the ECB accelerated work on a crisis…

Angst is running high over global recession risks as the year's mid-point approaches. So economic data and central bank talk will bear watching more than usual, and there's plenty of that coming up. The European Central Bank will host a…