Search Results for: European Central Bank

June 24, 2025 @ 2:08 am By Omar Faridi  |  

The European Central Bank (ECB) has recently announced two significant developments that underscore its commitment to enhancing financial stability and efficiency across the euro area. On June 23, 2025, the ECB published its consolidated banking data for end-December 2024, providing a comprehensive overview of the… Read More

June 22, 2025 @ 5:02 pm By Omar Faridi  |  

The European Central Bank (ECB) is gearing up for a significant milestone with the planned launch of the digital euro in October 2025. This development marks a pivotal shift in the region’s financial infrastructure, aiming to integrate digital currency into everyday transactions across the euro… Read More

June 3, 2025 @ 10:08 pm By Omar Faridi  |  

The European Central Bank (ECB) has made significant strides in 2025 to bolster financial stability, advance the digital euro initiative, and address consumer expectations in the Eurozone. Recent updates highlight the ECB’s proactive measures to navigate a complex geopolitical landscape, foster private-sector collaboration for a… Read More

April 17, 2025 @ 8:46 am By JD Alois  |  

The European Central Bank (ECB) has cut its benchmark rates by 25 basis points. The ECB Governing Council said the move was due to an updated appraisal of the inflation outlook while claiming the disinflation process is “well on track.” “Most measures of underlying inflation… Read More

April 3, 2025 @ 8:03 am By Omar Faridi  |  

The European Central Bank (ECB) released the results of its Consumer Expectations Survey (CES) for February 2025, offering a look into how euro area households perceive inflation, economic growth, and their financial prospects. Conducted monthly across 11 euro area countries with around 19,000 adult participants,… Read More

February 24, 2025 @ 7:28 am By Omar Faridi  |  

In a speech delivered on February 21, 2025, at the European Parliament plenary debate on the ECB Annual Report, ECB President Christine Lagarde provided an update on the euro area’s economic situation and the European Central Bank’s monetary policy direction. The address from Christine Lagarde… Read More

January 30, 2025 @ 8:45 am By JD Alois  |  

The European Central Bank (ECB) has lowered its benchmark rate by 25 basis points (bps) to 2.75%. The Bank issued a statement explaining that the “disinflation process is well on track” as price increases are said to align with staff expectations. Similar to the US,… Read More

December 24, 2024 @ 5:37 pm By Omar Faridi  |  

The European Central Bank welcomes the Bulgarian market to the TARGET Instant Payment Settlement (TIPS) service following its successful migration in December 2024. The Bulgarian National Bank and the BISERA payment system, which is operated by BORICA AD, are now part of TIPS, together with… Read More

November 10, 2024 @ 11:57 pm By Omar Faridi  |  

The European Central Bank (ECB) has released a survey on the Access to Finance of Enterprises: firms report moderate tightening of financing conditions. As noted in the update shared by the European Central Bank, firms reported little changes regarding the availability of bank loans. However,… Read More

October 23, 2024 @ 7:25 am By Omar Faridi  |  

A new European initiative has now been introduced in order to improve instant payments between different currencies. The European Central Bank (ECB) is now launching an initiative aimed at making it easier for companies to develop services for making instant payments between different currencies. Initially,… Read More

October 17, 2024 @ 8:44 am By JD Alois  |  

The European Central Bank (ECB) has lowered benchmark rates by 25 basis points. The move was widely anticipated as the central bank adjusts to the changing economic environment. The consensus was driven by recent inflation data that drove a shift in opinion from market watchers…. Read More

September 12, 2024 @ 8:32 am By JD Alois  |  

The European Central Bank (ECB) has decided to cut benchmark rates by 25 basis points. The ECB reaffirmed its expectations on inflation stating headline that inflation will average 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026. Core inflation is anticipated  to decline from 2.9%… Read More

August 5, 2024 @ 8:25 am By Omar Faridi  |  

The European Central Bank (ECB) and the European Banking Authority (EBA) have recently released a joint report on payment fraud. The report assesses payment fraud data reported semi-annually by payment service providers across the European Economic Area (EEA) for a variety of payment instruments, such… Read More

July 3, 2024 @ 9:02 am By Omar Faridi  |  

Limited progress has been made by non-euro area Member States of the European Union (EU) on economic convergence with the euro area since 2022, according to the 2024 Convergence Report of the European Central Bank (ECB). This is mainly due to challenging economic conditions, the… Read More

June 25, 2024 @ 8:55 am By Omar Faridi  |  

The European Central Bank (ECB) has shared an update that says it’s crucial to complete the banking union and capital markets union. ECB notes that there has been “disappointing progress in euro area financial integration since the start of monetary union.” According to a blog… Read More

June 6, 2024 @ 10:23 am By JD Alois  |  

While stating the 2% target rate of inflation is still in place, the European Central Bank (ECB) has cut benchmark rates by 25 basis points. The ECB said the European economy is starting to grow, and they anticipate the 2% target will be hit in… Read More

June 5, 2024 @ 11:13 pm By JD Alois  |  

The European Central Bank (ECB) is expected to cut interest rates tomorrow (June 6) as growth flags across Europe. Earlier today, the Bank of Canada reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5%, noting that the global economy… Read More

June 3, 2024 @ 8:52 am By Omar Faridi  |  

The European Central Bank (ECB) has released the latest results / findings from the consumer expectations survey results, covering the April 2024 period. When compared with March 2024, the ECB update reveals: median consumer inflation perceptions over the previous 12 months were unchanged, while median… Read More

May 24, 2024 @ 8:57 am By Omar Faridi  |  

The European Central Bank (ECB) is focused on carrying out DLT or distributed ledger technology trials, which are currently underway. The Eurosystem is currently testing distributed ledger technology (DLT) for wholesale transactions in central bank money. During these trials, 16 private firms as well as… Read More

May 20, 2024 @ 7:31 am By Omar Faridi  |  

Financial stability in the euro area has benefited from an improving economic outlook, with inflation steadily declining and investor confidence recovering, according to the May 2024 Financial Stability Review, which was released by the European Central Bank. The outlook remains fragile, however, as the “scope… Read More