Wednesday, September 28, 2022

Tag: European Central Bank

US dollar declines after ECB raises interest rates

New York: The US dollar (USD) weakened at the end of trading Thursday local time (Friday morning WIB) amid the...

Report: Europe’s banks need to step up the game on climate risk

FRANKFURT, Germany ( Associated Press) - Europe's banks are not adequately considering the risks of climate change and must "intensify urgent efforts" to ensure...

Fed attacks inflation with its biggest rate hike in decades

WASHINGTON ( Associated Press) - The Federal Reserve on Wednesday stepped up its efforts to curb high inflation by raising its key interest rate...

Oil surges above $120 as Asian stocks fall, yen sinks

TOKYO ( Associated Press) - Shares in Asia were mostly lower on Thursday as investors saw fresh signs of inflation and crude prices edged...

The European Central Bank did not give a clear date for the rate hike

The head of the European Central Bank reiterated on Thursday that the bank would raise interest rates "sometime after" ending its pandemic stimulus efforts...

European Central Bank facing record inflationary pressures

The head of the European Central Bank may give further indication on Thursday about when the bank will start raising interest rates, as pressure...

German economic advisers send a recession warning as Putin’s gas deadline approaches

Berlin's Brandenburg Gate on the occasion of Earth Hour, on March 26, 2022.Tobias Schwarz Afp | Getty ImagesGermany's strong dependence on Russian energy...

Report: Longer ‘open to the possibility’ of major coaching gigs

Nearly two months after resigning as head coach of Australian cricket, Justin Langer may be back in the hot seat, but not on the...

Europe’s central bank pulled two ways by war in Ukraine

Russia's war in Ukraine is squeezing the European Central Bank between conflicting pressures, propelling energy prices and inflation ever higher while exposing Europe to...

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