Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from European Central Bank

Bank turmoil casts shadow over Europe interest rate decision

Concerns about the world's banks are casting a shadow over the European Central Bank's meeting

The Independent UK

ECB’s Lagarde insists banks much stronger than in 2008 after raising interest rates despite Credit Suisse turmoil – as it happened

ECB presses on with 0.5 point increase in eurozone interest rates, and says it stands ready to respond to market turmoil

The Guardian - UK

Europe inflation eases slightly as consumer pain persists

Inflation has eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists

The Independent UK

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

UK economy slightly stronger than expected, says BoE’s Pill; WH Smith hit by cyber attack – as it happened

Books-to-stationery retailer says a cyber security incident has resulted in illegal access to current and former employee data, though website and customer accounts are unaffected

The Guardian - UK

Swedish central bank again raises key rate to hit inflation

Sweden’s central bank has raised a key interest rate and 0_5 percentage points to 3% to combat inflation, saying it “is far too high and has continued to rise.”

The Independent UK

Inflation and recession: Can the world defeat both in 2023?

No, it must accept one, per conventional wisdom. But Europe’s showing another way, though it won’t be painless either.

Al Jazeera

Outrage as Shell, ExxonMobil rake in record profits

Energy giants are reaping the benefits of high energy prices. Shell followed ExxonMobil in doubling its annual profit for 2022 to nearly $40 billion, the highest in its 115-year history. It's sparked outrage among climate activists and those calling for higher taxes as households struggle with high energy bills. Also…

France 24

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

Draghi doesn't want EU envoy job, source says, after Italy backed him

Former European Central Bank (ECB) chief Mario Draghi is not interested in a new job as a European Union envoy, a source close to him said on Thursday, despite the Italian government saying earlier it would support him.

Reuters

European Central Bank set to outdo Fed with half-point hike

The European Central Bank is set to go big again, with another half-point interest rate increase

The Independent UK

Bank of England says inflation likely to have peaked amid split over interest rate rise to 4% – as it happened

UK central bank predicts much shallower recession than feared, but says Brexit hit has arrived sooner than thought

The Guardian - UK

ASX slips ahead of US, British and European rate hikes, Rio Tinto apologises after radioactive capsule lost in WA

Rio Tinto's iron ore division chief Simon Trott has apologised and says the company is taking the lost radioactive capsule in WA "very seriously", while the Australian share market slips from its nine-month high ahead of a busy week.

ABC News

Eurozone economy starts growing again with positive indications for 2023

The Eurozone economy grew in January for the first time in six months, raising hopes that Europe will manage to avoid recession this winter.

Radio France Internationale

Larry Summers says the economy is looking good—but a potential pitfall for the Fed could still be the 'greatest tragedy'

It's been all good economic news in recent weeks, but the former Treasury secretary warns the final stretch to fight inflation might be the hardest.

Fortune

Ireland’s rate of inflation has peaked – finance minister

Michael McGrath welcomed the figures but said that there ‘is still a long way to go to’ before inflation is fully under control.

The Independent UK

Get all your
news in one place.

100's of premium titles.
One news app.

Evening Standard

Eurozone inflation down more than expected but further interest rate rises ahead

Rising core inflation has intensified the challenge facing the European Central Bank

The Conversation

Global economy 2023: Why central banks face an epic battle against inflation amid political obstacles

Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask with trepidation. Just as the economy was dealing with the ongoing effects of the COVID-19 pandemic, Russia’s invasion of Ukraine in February ramped up inflation.

The Independent UK

Asian stock markets sink under global recession fears

Asian stock markets have fallen for another day as investors wrestle with fears the U.S. Federal Reserve and European central banks might be willing to cause a recession to crush inflation

The Independent UK

Asian stock markets sink under global recession fears

Asian stock markets have fallen for another day as investors wrestle with fears the U.S. Federal Reserve and European central banks might be willing to cause a recession to crush inflation

Get all your
news in one place.

100's of premium titles.
One news app.

Dublin Live

Tanaiste Leo Varadkar won't rule out mortgage interest relief following hikes

The European Central Bank announced it was increasing interest rates by 0.5% - a fourth increased in a row

The Independent UK

Asian shares decline after retreats on Wall Street, Europe

Asian shares have followed Wall Street and Europe lower, with markets jittery over the risk that the Federal Reserve and other central banks may end up bringing on recessions to get inflation under control

The Independent UK

European Central Bank expected to slow pace of rate hikes

The European Central Bank could slow its record pace of interest rate increases

The Guardian - UK

Bank of England’s Bailey sees ‘first glimmer’ of inflation easing, after lifting interest rates to 3.5% – business live

Bank of England says most housing market indicators have continued to soften, as it increases UK interest rates to 14-year high of 3.5% in split decision

Bangkok Post

Interest-Rate Paths for U.S. and Europe Set to Diverge

The Federal Reserve's aggressive campaign against high inflation dominated global financial markets this year. Starting this week, the action shifts to Europe, where inflation could prove stickier and harder to tame. That shift is likely to reverse some of the key market dynamics of 2022, most significantly a superstrong dollar.

The Conversation

Five reasons why interest rates can't go much higher

It’s decision time for central banks on interest rates again. The US Federal Reserve and European Central Bank (ECB) are set to announce their latest decisions on Wednesday 14, while the Bank of England (BoE) will go a day later.

Irish Mirror

Interest rate hikes by European Central Bank were 'positive for Irish banks'

Department of Finance documents show officials said investor appetite for AIB had increased 'notwithstanding lingering concerns' of a recession coming in Europe

1 … 6 7 8 9

People

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

Organisations

International Monetary Fund

European Central Bank

the US Federal Reserve

200 stories

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

Topics

Places

Fourteen days free

Download the app

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