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The Latest Breaking News from ECB

Why a new eurozone crisis now looks a distinct possibility

The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by 0.25 points to 0.25% for lending and -0.25% for deposits, with plans for another rise…

The Conversation

James Taylor leaves head scout role at ECB

The 32-year-old was part of the selection panel that picked England’s first Test squad of the summer

The Independent UK

European Central Bank to raise interest rates for first time since 2011

Base rate to rise by 0.25% and quantitative easing to stop in July after ECB warns about inflation

The Guardian - UK

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Mortgage holders brace for massive hikes as ECB raise interest rates from next month

This marks the first time the bank has raised rates in eleven years.

Dublin Live

ECB says it will raise interest rates for the first time in a decade next month

The European Central Bank (ECB) is to end a decade of zero or negative interest rates next month when it will raise the cost of borrowing by 0.25 per cent.

Evening Standard

Europe's 1st rate hike in 11 years looms amid high inflation

It's decision time again for the European Central Bank

The Independent UK

Cost of filling petrol car hits £100 in ‘truly dark day’ for drivers; ECB plans July rate rise – as it happened

UK fuel prices keep climbing and European Central Bank signals end of ultra-loose monetary policy

The Guardian - UK

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With Inflation on Rise, ECB Readies Tougher Action

The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over the accelerating pace of inflation in the eurozone grip policymakers. The stop is a prelude to the ECB hiking rates for the first time in over a decade in the…

Asharq Al-Awsat

Market Wrap: Volatile inflation and a deluge of data as China emerges from lockdowns

A deluge of data in China will provide fresh insights into the economic impact of the COVID lockdowns, including trade, consumer and producer inflation.

The New Daily

Deflation to War: How the ECB Responded and What is Next

The global surge in inflation has brought to an end a long period of low interest rates and forced central banks around the world to try to bring prices under control by raising borrowing costs. Inflation in the eurozone soared to an all-time peak of 8.1 percent in May, precipitating…

Asharq Al-Awsat

Brendon McCullum will enjoy an England bounce only with boardroom backing

England will benefit from the former New Zealand captain’s experience but improvement will also rely on ECB

The Guardian - UK

ECB commits to establish new anti-discrimination unit

LONDON: The England and Wales Cricket Board on Tuesday said it is committed to establish a new anti-discrimination unit to ensure that it has the right resources and capabilities to tackle discrimination in all its forms.

The Times of India

France's economy shrinks as Eurozone braces for rates hike amid fears of fuel, food shortages

France's economy has contracted over the first quarter under the impact of soaring inflation, increasing the risk for President Emmanuel Macron in key legislative elections that get underway in less than two weeks' time.

Radio France Internationale

IPL and Jos Buttler show ECB how to make cricket work as entertainment

Discarded by England, Buttler has been a revelation in the latest iteration of a successful tournament that the English game has long tried, and failed, to emulate

The Guardian - UK

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Asharq Al-Awsat

One in 10 European Households Invest in Cryptocurrencies

Nearly one in 10 European households has invested in crypto assets, an ECB (European Central Bank) study published Tuesday said, highlighting high demand for the risky investments, which witnessed significant devaluation this month. These novel assets lure middle class people, but “it is worth nothing. It’s not a safe investment,”…

The Guardian - UK

Dave Brailsford recruited to Andrew Strauss’s review of English cricket

Andrew Strauss has recruited Sir Dave Brailsford, the former performance director of British Cycling and current director of sport at Ineos, to his high performance review of English cricket

The Independent UK

Andrew Strauss sets five-year goal for England men’s side to rule all formats

The former England captain and director of cricket is overseeing a high performance review into English cricket.

Evening Standard

Eoin Morgan exclusive interview: The T20 World Cup is my main target... but I’ll have to play it week by week

Eoin Morgan joined Middlesex as a wide-eyed teenager from Dublin in June 2003, the same month the ECB launched a professional T20 competition for the first time.

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Benzinga

Is EUR/USD Truly Out Of The Doghouse?

ECB talk of ending negative interest rates by Q3 with the possibility of positive rates in the not-to-distant future has got EUR/USD all fired up after what has been an abysmal year in terms of performance. The recent consolidation in short-dated US yields have also lent their support to the…

The Independent UK

European Central Bank chief signals possible July rate hike

The president of the European Central Bank has given the clearest sign yet that policymakers will aim to raise interest rates as soon as July to ease surging inflation

The Guardian - UK

Bank of England not to blame for soaring inflation, says governor

Andrew Bailey defends response to Covid pandemic and indicates Bank will not take aggressive approach to raising interest rates

Belfast Live

Secondary school places: What to do if your child doesn't get into preferred school

There is also advice available for parents to challenge the process if their child didn't get into their preferred school

Reuters

Japan, Europe tread different paths as G7 warns of inflation risks

Having long trod a similar path in tackling low inflation, Japan and Europe now appear to be taking contrasting approaches to monetary policy and the risks of rising prices, which drew warnings at this week's Group of Seven gathering in Germany.

The Independent UK

After effects of Covid lockdown blamed for spate of bowler injuries

In the past week Jofra Archer, Saqib Mahmood and Matthew Fisher have all been ruled out for the season with lower back injuries.

Daily Mirror

ECB have 'a load of s***' to sort as counties threaten 'breakaway' amid Tom Harrison exit

ECB CEO Tom Harrison will step down next month, leaving the organisation with a leadership void as they are still yet to appoint a new chair after Ian Watmore's resignation seven months ago

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