News about ECB

News about Ecb

ECB Tightens Grip With 12th Consecutive Rate Hike; Lagarde Asserts ‘No Cuts’ Amid Lingering Inflation Concerns

The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained “too high for too long.” When ECB president Christine Lagarde was pressed about cutting rates by reporters,...

Eurozone Inflation to Remain Higher Than 2% Target in Next 2 Years, ECB’s Lagarde Admits

Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above its target in the next two years. The European Central Bank has to do more to bring it down, its governor commented on the backdrop of stabl...

ECB official labels crypto as 'deleterious' with 'no societal benefits' in scathing speech

According to Fabio Panetta, crypto volatility and aspects of blockchain technology made digital assets only suitable for gambling. Fabio Panetta, an executive board me...

ECB sums up digital euro prototyping exercise as it nears possible pilot launch

The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets. The European...

Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits

Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has been done...

Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows

Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central bank revealed in a study. While smaller than in the United States, the impact of the monetary policy tightening on the Old Continent is likel...

Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says

Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while...

ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says

The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator i...

European bankers on digital euro: ‘ECB has no interest in users’ personal data’

While anonymity still stands as the core issue of a European CBDC, the inevitable competition with private banks also raises questions. As various stakeholders in the...

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according...

ECB’s Panetta Reinforces Digital Euro Focus on Payments

Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated that...

ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted

European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.” Acknowledging de-dollarization efforts by various countries, she stressed: “N...

ECB considers digital euro access, distribution in third design progress report

The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures. The European Central Bank (ECB) released its thir...

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the...

ECB Called The Bitcoin Bottom – Trustnodes - Trustnodes

ECB Called The Bitcoin Bottom – Trustnodes& & Trustnodes

Fake Video of ECB President Lagarde Admitting to Digital Euro Control

A fake video of ECB President Christine Lagarde admitting to the use of a digital euro for limited control of payments was shared on social media. The video was revealed to be a prank and was part of a series of similar hoaxes targeting public figure...

ECB Board Member Warns EU's New Crypto Rules Not Sufficient ... - Bitcoin News

ECB Board Member Warns EU's New Crypto Rules Not Sufficient ...& & Bitcoin News

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safe...

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials in...

Christine Lagarde (ECB): "With CBDC we will have control!" she said in a meeting with Zelensky

submitted by /u/BeingMe007 [link] [comments]

ECB President Christine Lagarde Reveals Plan To Launch Digital Euro (CBDC) In October

submitted by /u/Chief_Kief [link] [comments]

CBDC will be used for ‘control’ ECB president admits in vid chat with fake Zelensky

submitted by /u/Relai_Alex [link] [comments]

Crypto firms needs to be 'supervisable', says ECB board member

"We need to put more thought into imagining what international coordination will look like and how it can be effective in regulating the crypto world," said Elizabeth McCaul....

Crypto firms need to be ‘supervisable,’ says ECB board member

“We need to put more thought into imagining what international coordination will look like and how it can be effective in regulating the crypto world,” said Elizabeth McCaul....

ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation

Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with the New York Times, Panetta warned about the effect...

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