Wonking Out: What’s the Matter With Italy?

The caricatures are faulty, but the crisis is real.

#banking-and-financial-institutions, #draghi-mario, #economics-theory-and-philosophy, #european-central-bank, #internal-sub-only-nl, #international-trade-and-world-market, #italy, #lagarde-christine

ECB Surprises With Big Rate Rise, Its First in 11 Years

Policymakers are trying to slow soaring inflation while avoiding a recession among the countries that use the euro.

#banking-and-financial-institutions, #economic-conditions-and-trends, #europe, #european-central-bank, #eurozone, #inflation-economics, #interest-rates, #lagarde-christine, #prices-fares-fees-and-rates

Euro Hits Parity With U.S. Dollar for First Time in 20 Years

In recent months, pressure on the euro has been mounting while investors have been flocking to the U.S. dollar, a haven in times of economic upheaval.

#banking-and-financial-institutions, #currency, #euro-currency, #european-central-bank, #eurozone, #federal-reserve-system, #inflation-economics, #lagarde-christine, #powell-jerome-h, #united-states-economy, #us-dollar-currency

Inflation Is Posing 19 Problems for One Central Bank

After more than a decade of worrying about low inflation, the European Central Bank is trying to tackle the problem of high inflation across the eurozone’s economies.

#banking-and-financial-institutions, #economic-conditions-and-trends, #europe, #european-central-bank, #eurozone, #inflation-economics, #interest-rates, #lagarde-christine, #powell-jerome-h, #prices-fares-fees-and-rates, #sintra-portugal, #stimulus-economic

Wonking Out: Why Monetary Policy Has Gotten So Hard

If you aren’t taking risks, you aren’t doing your job.

#economics-theory-and-philosophy, #european-central-bank, #federal-reserve-system, #inflation-economics, #interest-rates, #internal-sub-only-nl, #international-trade-and-world-market, #lagarde-christine, #powell-jerome-h, #united-states-economy

Rising food prices drive German inflation to a second consecutive record.

Germany saw consumer prices rise 7.8 percent in April, as compared with a year ago, driven by high food and energy prices pushed up by the war in Ukraine.

#consumer-price-index, #economic-conditions-and-trends, #europe, #germany, #inflation-economics, #interest-rates, #lagarde-christine, #nagel-joachim, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022

Omicron Is an Economic Threat, but Inflation Is Worse, Central Bankers Say

Within 24 hours, the Federal Reserve, Bank of England and European Central Bank all stepped forward to deal with price increases.

#bailey-andrew-1959, #banking-and-financial-institutions, #coronavirus-omicron-variant, #economic-conditions-and-trends, #europe, #great-britain, #inflation-economics, #interest-rates, #lagarde-christine, #powell-jerome-h, #prices-fares-fees-and-rates, #quantitative-easing, #united-states

Fed Joins Climate Network, to Applause From the Left

The central bank joined a network of global financial regulators focused on climate risk. The response to the move underlined its tricky politics.

#bank-of-england, #bank-of-japan, #banking-and-financial-institutions, #barr-andy, #biden-joseph-r-jr, #brainard-lael, #coronavirus-2019-ncov, #daly-mary-c, #federal-reserve-system, #global-warming, #lagarde-christine, #powell-jerome-h, #quarles-randal-k, #schatz-brian, #united-states-politics-and-government

Economic Risks Are High as Chances for Quick Stimulus Narrow

The Federal Reserve chief warned that a vaccine was still too uncertain to count on, and lawmakers signaled that more support was not imminent.

#coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-budget-us, #lagarde-christine, #law-and-legislation, #mcconnell-mitch, #powell-jerome-h, #senate, #stimulus-economic, #unemployment, #united-states-economy

Europe Risks a New Economic Downturn as Lockdowns Return

Record quarterly growth inspires little joy as the threat of a double-dip recession looms.

#coronavirus-2019-ncov, #daimler-ag, #economic-conditions-and-trends, #european-central-bank, #european-union, #eurozone, #gross-domestic-product, #ing-groep-nv, #international-monetary-fund, #korngold-erich-wolfgang, #lagarde-christine, #minder-raphael, #mkg-productions-inc, #quarantines, #recession-and-depression, #stimulus-economic, #theatre-royal-de-la-monnaie-brussels-belgium

Europe’s Economic Revival Is Imperiled, Raising the Specter of a Grinding Downturn

As the coronavirus regains force, economists fear that Europe’s tentative recovery is at risk from traditional political concerns.

#coronavirus-2019-ncov, #europe, #european-central-bank, #european-union, #france, #germany, #great-britain, #international-trade-and-world-market, #johnson-boris, #lagarde-christine, #politics-and-government, #recession-and-depression, #stimulus-economic

Surging Euro Presents E.C.B. With a Dilemma

A rising currency is eroding the competitiveness of European exporters. Officially, the central bank isn’t allowed to do anything about it.

#euro-currency, #europe, #european-central-bank, #eurozone, #interest-rates, #international-trade-and-world-market, #lagarde-christine, #stimulus-economic, #us-dollar-currency

‘Europe Finally Got the Message’: Leaders Act Together on Stimulus

New measures by the European Central Bank and the German government to combat the economic damage caused by the pandemic have exceeded expectations.

#coronavirus-2019-ncov, #european-central-bank, #european-commission, #european-union, #eurozone, #germany, #government-bonds, #lagarde-christine, #stimulus-economic

Could the Coronavirus Bring Europe Back Together?

After three months of chaos and deaths caused by the pandemic, the continent, led by Germany and France, is giving convergence another try.

#berlin-germany, #china, #coronavirus-2019-ncov, #europe, #european-central-bank, #european-commission, #european-union, #finances, #france, #germany, #great-britain, #greece, #italy, #lagarde-christine, #le-monde, #merkel-angela, #paris-france, #politics-and-government, #propaganda, #quarantines, #unemployment, #united-states, #wages-and-salaries

European Slump Is Worst Since World War II, Reports Show

The European Central Bank will pay banks to lend money after the economy shrank the most in decades. The worst is yet to come, the eurozone’s top central banker warned.

#banking-and-financial-institutions, #coronavirus-2019-ncov, #europe, #european-central-bank, #eurozone, #germany, #interest-rates, #italy, #lagarde-christine, #politics-and-government, #spain

Immer mehr betroffen – 211 Banken brummen ihren Kunden Strafzinsen auf

Strafzinsen: 211 Banken lassen ihre Kunden Negativzinsen zahlen Die Strafzins-Welle rollt weiter! Seit Ende Januar haben rund 30 weitere deutsche Banken Negativzinsen für Privatkunden eingeführt.
Foto: Daniel Karmann / dpa

#europaische-zentralbank, #konto-und-bank, #lagarde-christine, #zinsen