european central bank Archives

RBI’s Monetary Policy Committee meet starts amid expectations of yet another rate hike

April 3, 2023April 3, 2023cpooldigitalLeave a Comment

Representational image only. | Photo Credit: Reuters The Reserve Bank of India’s (RBI) rate-setting panel on April 3 started its three-day meeting amid expectations that the Central bank may go for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022. Reserve Bank […]

Sensex, Nifty slide in early trade on negative global cues

March 16, 2023March 19, 2023cpooldigitalLeave a Comment

A woman walks through the Bombay Stock Exchange (BSE) graffiti painted on a wall, a in Mumbai. File photo ANI | Photo Credit: ANI Equity benchmark indices Sensex and Nifty declined in early trade on Thursday, March 16, 2023, as rising concerns over the health of the global banking system and uncertainty over rate hike […]

Inflation hits record 10% in 19 European Union countries

September 30, 2022September 30, 2022cpooldigitalLeave a Comment

Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar Inflation in the European countries using the euro currency has broken […]

ECB accounts show overwhelming inflation concerns

August 25, 2022August 26, 2022cpooldigitalLeave a Comment

“Inflationary pressures were judged to have intensified,” the accounts, released on Thursday, showed “Inflationary pressures were judged to have intensified,” the accounts, released on Thursday, showed European Central Bank policymakers at their meeting last month appeared increasingly concerned that high inflation is getting entrenched and the risk was large enough to warrant a bigger-than-flagged rate […]

European Central Bank steps in as banks dip toes in cryptocurrency and blockchain pool

August 18, 2022August 18, 2022cpooldigitalLeave a Comment

The ECB said banks were also considering whether to get involved in the crypto sector The ECB said banks were also considering whether to get involved in the crypto sector The European Central Bank (ECB) said on Wednesday it would harmonise how banks offer cryptoassets to ensure they have enough capital and expertise in a […]

ECB raises rates for first time in decade with net for debtors

July 21, 2022July 21, 2022cpooldigitalLeave a Comment

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 deposit rate by 50 basis points to zero, or twice as much as it had indicated […]

Europe’s Central Bank to hike interest rates in July amid soaring inflation

June 9, 2022June 9, 2022cpooldigitalLeave a Comment

The move underlines concerns about surging consumer prices, which rose by an annual rate of 8.1% in May, the highest since statistics started in 1997. The move underlines concerns about surging consumer prices, which rose by an annual rate of 8.1% in May, the highest since statistics started in 1997. The European Central Bank said […]

Global regulators push ahead with crypto bank capital rules

June 1, 2022June 1, 2022cpooldigitalLeave a Comment

Global regulators said on Tuesday they will complete work by year end on how much capital banks should hold to cover cryptoassets on their books. Last June the committee proposed that banks set aside enough capital to cover losses on any bitcoin holdings in full. Certain tokenised traditional assets and stablecoins could, however, come under […]

Tag: european central bank