European Central Bank – Page 15

European Central Bank Raises Rates Again, but Only a Quarter Point

The bank said “underlying price pressures remain strong” in the eurozone, where the annual inflation rate reached 7 percent last month.

By Eshe Nelson

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PacWest’s Plunge Reignites Fears About America’s Regional Banks

The regional lender said it is weighing its options, after its shares fell despite assertions by the Federal Reserve that the recent bank crisis is contained.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

European Central Bank European Union Inflation (Economics)

Eurozone Prices Rose in April, as Central Bank Seeks to Tame Inflation

The annual rate of inflation reached 7 percent, but the underlying “core” rate eased for the first time in 10 months.

By Melissa Eddy

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JPMorgan Chase Emerges as Buyer for First Republic Bank

The lending giant’s shares jumped on the news that it is buying First Republic. But investors are watching to see if the deal ends the regional banking crisis.

By Andrew Ross Sorkin Bernhard Warner Sarah Kessler Michael J.

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