Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

DARK SECRETS: 2 | Vintage Vibes

ECB Conducts Widely Expected Rate Hike. The Next Move Is Less Clear.

"The conflict in the Middle East continues to generate inflation pressures, and inflation is set to remain well above target for an extended period," the body warned.

International Business Times

ECB raises interest rates as Iran war fuels inflation fears

ECB raises interest rates as Iran war fuels inflation fears

The European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and conflict. The bank now forecasts inflation remaining above its target for some time. Economic growth projections were also adjusted upwards by the central bank. Markets anticipate further rate hikes…

The Economic Times

ECB hikes rates to 2.5% as energy shock pushes eurozone inflation higher

ECB hikes rates to 2.5% as energy shock pushes eurozone inflation higher

The European Central Bank has raised interest rates by a quarter point, lifting its deposit rate to 2.5%, as the energy shock driven by the Iran war pushes eurozone inflation higher and forces a second hike in three months.

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

European Central Bank raises interest rates a quarter point to quell energy-fueled inflation

The European Central Bank is raising interest rates to cool inflation that is being fed by high oil prices from the Iran war

The Independent UK

U.S. Stock Futures Slip as Oil Extends Gains, PPI Data and Oracle Earnings on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.15%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.66% this morning as rising oil prices and bond yields weigh on investor sentiment ahead of crucial U.S. producer inflation data and earnings from debt-loaded AI hyperscaler Oracle.

Global Market: European shares edge higher ahead of ECB rate decision

European shares edged higher after their sharpest one-day decline in two months, as investors awaited an expected ECB rate hike and Christine Lagarde’s comments on inflation. Rising oil prices above $100 a barrel remained a key concern for markets.

The Economic Times

Global Market: ECB seen raising rates as Iran war fuels inflation fears

The European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel fresh inflation concerns. With inflation above its 2% target and the euro zone economy proving resilient, markets are pricing in further ECB rate hikes.

The Economic Times

inkl

Read news from The Economist, FT, and more,
with one subscription

Dollar Recovers on Smaller Treasury Buyback and Higher T-Note Yields

Dollar Recovers on Smaller Treasury Buyback and Higher T-Note Yields

The dollar index (DXY00 ) recovered from a 2.5-week low on Wednesday and finished up by +0.06%. The dollar found support on Wednesday after WTI crude oil surged +3 % to a 3.25-month high, boosting inflation expectations and potentially persuading the Fed to tighten monetary policy. Also, short covering emerged...

Another Aussie lands key job in English cricket rebuild

Former Australia batter and coach Leah Poulton has been appointed managing director of England Women's cricket.

Dollar Slips Before the Treasury’s Buyback Operation

Dollar Slips Before the Treasury’s Buyback Operation

The dollar index (DXY00 ) dropped to a 2.5-week low today and is down by -0.15%. The dollar is under pressure today ahead of an announcement from the US Treasury on the size of Thursday’s buyback of long-term US Treasuries, a bearish factor for the dollar. Also, strength in the...

A European Central Bank rate hike is all but certain, the reasoning less so

A European Central Bank rate hike is all but certain, the reasoning less so

The European Central Bank is all but certain to raise interest rates on Thursday, with investors pricing the move at near-total probability, but the decision is more awkward than the numbers suggest as inflation is being driven almost entirely by energy with underlying pressures actually easing.

Exclusive: Italy proposes no fees for digital euro payments under €10

Exclusive: Italy proposes no fees for digital euro payments under €10

Italy suggests exempting smaller merchant fees for payments under €10, a measure backed by the central banking community, as final talks take place in Brussels over the rollout of the digital euro.

Global Market: Eurozone bond yields hold near multi-year highs as markets await ECB decision

Global Market: Eurozone bond yields hold near multi-year highs as markets await ECB decision

Eurozone bond yields remained near multi-year highs as investors assessed rising energy costs, German political uncertainty and Japan’s market volatility ahead of Thursday’s ECB meeting. Germany’s 10-year yield hovered around 3.38%, near a 15-year peak. Higher oil and gas prices could fuel inflation, complicating expectations for the ECB’s future policy…

The Economic Times

County cricket: title race hots up while Leicestershire charged by ECB – as it happened

County cricket: title race hots up while Leicestershire charged by ECB – as it happened

Somerset, Warwickshire and Nottinghamshire had good days as the leading Division One contenders push for glory

The Guardian - UK

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

European shares subdued as surging crude sharpens focus on ECB rate path

European shares closed largely flat as higher oil prices and renewed US-Iran tensions raised inflation concerns, offsetting stronger euro zone economic data. Energy stocks gained, while Novartis fell after its cholesterol drug failed a key study. Investors also raised bets on further ECB rate hikes, including a possible December move.

The Economic Times

ECB rate decision: Five key questions for markets as energy prices fuel inflation fears

The European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.5% on Thursday as surging energy prices push eurozone inflation above 3%. While the September hike is largely priced in, markets will focus on the ECB’s guidance on further rate increases, updated inflation…

The Economic Times

Global Market: Deutsche Bank sees ECB rates rising to 2.75% as energy risks persist

Deutsche Bank has raised its peak ECB interest rate projection to 2.75%, forecasting additional 25 basis point hikes in September and December. Persistent energy risks and geopolitical tensions are driving the shift, as economic resilience and elevated inflation keep borrowing costs in the euro zone higher for longer.

The Economic Times

Global Market: European stocks subdued as oil surge fuels inflation, ECB rate hike bets

European shares were subdued on Monday as rising oil prices sparked by US-Iran tensions renewed inflation fears. Investors are closely monitoring the European Central Bank's upcoming interest rate decision, while a sharp decline in Novartis stock and German political uncertainty following regional elections further weighed on overall market sentiment.

Get all your
news in one place.

100's of premium titles.
One news app.

'Chuck it in the fire.' A leading candidate in France's presidential race has a simple solution to its massive national debt: just cancel it

“Why did we make a single currency and an ECB together? We can do it and I bet we’d find allies in Europe.”

Could an EU custodian break the long deadlock on the Russian assets?

The debate on Russian money held in Belgium has returned. Could an EU custodian convince Belgium and break the political deadlock?

The Economic Times

Global Market: German bond yields set for fourth weekly rise as investors bet on further ECB tightening

German bond yields are rising for the fourth consecutive week as investors anticipate the European Central Bank will maintain restrictive monetary policy to combat inflation. Simultaneously, oil prices are climbing amid US-Iran tensions, heightening concerns over persistent inflation.

The Economic Times

US Market: J.P. Morgan, BNP Paribas expect ECB rate hike in December as inflation risks persist

J.P. Morgan and BNP Paribas now expect the European Central Bank to deliver another 25-basis-point rate hike in December, reversing their earlier calls for the tightening cycle to end without a December increase. Persistent inflation risks, elevated energy prices and resilient economic growth are driving the shift, while markets are…

The Economic Times

Banks rush to swap higher-risk credit assets for Bank of England cash

British banks are stepping up their game by putting forth more higher-risk assets as collateral at the Bank of England. This action marks a notable increase in the use of top-risk collateral, reaching levels not seen since March 2020. Unlike the European Central Bank, the central bank is willing to…

Dollar Erases Early Gains as Crude Oil and T-note Yields Move Lower

The dollar index (DXY00 ) fell from a 2.5-week high today and is down by -0.11%. The dollar gave up an overnight advance and turned lower today when WTI crude oil dropped from a 6-week high and moved lower, which eased inflation expectations, a dovish factor for Fed policy. The...

The Guardian - UK

Taxing the banks: what Europe’s windfall levies brought in as Burnham eyes his next move

Ahead of a crucial budget, four countries’ experiments offer a mixed verdict on how to tax bumper profits

1 2 3 4 5

People

Nat SciverBrunt

Christine Lagarde

JeanLuc Melenchon

Charlotte Edwards

Sergii Marchenko

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

US Federal Reserve

Bank of England

The European Union

The Bank of England

the European Commission

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Economic Growth

Monetary Policy

Places

415,692 stories

148,673 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play