The Latest Breaking News from European Central Bank

Spanish multinational financial services provider Banco Santander, S.A. (NYSE:SAN) has appointed Héctor Grisi as its Chief Executive Officer, effective January 1, 2023. He will succeed Jose Antonio Alvarez who will remain on the board and serve as non-executive vice chair. Grisi joined Santander in 2015 as CEO of Santander Mexico and was appointed…

Banks are raising rates to bring down inflation but there is a risk to economic growth

The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic.

The European Central Bank is setting the stage to raise interest rates in July, for the first time since 2011. Policymakers have been under growing pressure to tackle soaring inflation, which hit a record 8.1 percent in the eurozone in May. Frédérik Ducrozet, Head of Macroeconomic Research at Pictet Wealth…

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

It's decision time again for the European Central Bank

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

Shares are mostly lower in Asia as investors watch for fresh signs of inflation

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…