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ECB

13 Sep
The European Central Bank has hiked its key interest rate by an unprecedented 0.75 percent, as it tries to tackle the highest inflation in the bloc's history. But the pace of price rises is largely due to energy costs. Craig Erlam, Senior Market Analyst at Oanda, says the policy shift "is not going to be as effective as you would ordinarily see". He says government action – like the UK's newly-announced plans to cap energy bills – will have a bigger impact for most consumers.
24 Jul
The ECB bank has raised key rates by 50 basis points, more than it had signaled. The hike could hurt its credibility as being predictable, but that's a small price to pay in these unusual times, says Ashutosh Pandey.
12 Jun
The European Central Bank has left the interest rate unchanged but indicated that it will rise in July — the first hike since 2011. It is also halting a program which ultimately amounts to printing electronic money.
19 Sep 2021
The European Central Bank will slow the rate of its pandemic stimulus as the eurozone economy shows signs of recovery. Inflation worries have spawned debate over when to end the emergency support.
7 Aug 2021
European banking authorities conducted the semi-annual exercise to determine whether banks have enough capital to withstand economic shock. Importantly, the results mean banks can likely resume dividend payouts.
12 Mar 2021
The European Central Bank has announced it is leaving its benchmark refinancing rate on hold at a historic low of 0%.

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