The countries that use the euro recorded economic expansion of 0.1 percent in the first quarter, a slight improvement over the previous quarter’s flat output.
Category: European Central Bank
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Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned
Companies’ rising profit margins could be contributing to persistent inflation, a European Central Bank policymaker says.
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Eurozone Inflation Falls to 6.9%, as Energy Prices Ease
The rate of inflation in countries using the euro slipped to 6.9 percent in the year through March, from 8.5 percent the previous month, but underlying price gains edged higher.
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As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution
Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.
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Fed Meets as Bank Chaos Collides With Inflation
The Federal Reserve will decide whether and by how much to raise interest rates this week at a moment when its path ahead is newly fraught.
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Markets Worry First Republic and Other Banks Remain Under Pressure
The nation’s top lenders banded together to rescue First Republic Bank. But markets worry that regional institutions remain under pressure.
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Credit Suisse Shares Jump As Banking Backstops Go Global
Bank stocks recovered after Credit Suisse secured a $54 billion lifeline from Switzerland’s central bank.
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European Central Bank Raises Rates Again
Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”