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Size of ECB's July rate hike carved in stone - Lane

The European Central Bank will not revisit its decision to raise interest rates by 25 basis points at its July 21 meeting but the size of its September hike is still to be decided, ECB Chief Economist Philip Lane said.

Business • 21 Jun 22

Professor Philip Lane, the ECB's chief economist

Lane signals two ECB interest rate hikes by September

The chief economist of the European Central Bank, Philip Lane, has indicated that interest rates in the euro area will go up by 0.25% in July and by the same amount again in September.

Business • 30 May 22

Loans to companies in the euro zone increased by 5.2% last month - the fastest rate in more than a year

Euro zone corporate lending jumps in April - ECB

Bank lending to euro zone companies jumped in April, European Central Bank data showed today, in a possible sign of businesses locking in low interest rates before the ECB starts raising them in the summer.

Business • 27 May 22

Investors have been speculating about whether the ECB will be raising rates in increments of 25 or 50 basis points

Lagarde sees rate at zero or just above by September

European Central Bank President Christine Lagarde said today that she saw the ECB's deposit rate at zero or "slightly above" by the end of September, implying an increase of at least 50 basis points from its current level.

Business • 24 May 22

Residents with their belongings wait for pubic transport in Kyiv in Ukraine today

ECB meets as invasion of Ukraine complicates rates path

European Central Bank policymakers are meeting today for what may have become a crisis meeting as Russia's invasion of Ukraine threatens to derail economic growth in the euro zone and complicate the ECB's path out of negative interest rates.

Business • 24 Feb 22

The new Bundesbank President Joachim Nagel

ECB could raise rates in 2022, Bundesbank chief says

The European Central Bank could raise interest rates this year as high inflation is proving more persistent than once thought, new Bundesbank President Joachim Nagel told German newspaper Die Zeit today.

Business • 09 Feb 22

The ECB opened the door last week to an interest rate hike later in 2022

ECB's Lagarde downplays inflation concerns

European Central Bank President Christine Lagarde appeared to downplay inflation concerns today, arguing that price pressures could still subside before becoming entrenched and high energy costs would be a drag on prices further out.

Business • 07 Feb 22

The European Central Bank has kept euro zone interest rates unchanged at record lows today - as expected

ECB keeps policy unchanged despite record inflation

The European Central Bank kept policy unchanged as expected today, curbing stimulus over the coming months but maintaining plenty of support for the economy even after inflation unexpectedly hit a fresh record high.

Business • 03 Feb 22

ECB President Christine Lagarde said the bank had talked about 'inflation, inflation, inflation' at today's meeting

Lagarde suggests markets expecting rate hikes too soon

European Central Bank President Christine Lagarde has today pushed back against market bets that runaway inflation would force a rate hike as early as next year, reaffirming the view that price pressures would ease by then.

Business • 28 Oct 21

The European Central Bank is taking small steps towards unwinding the emergency economic aid that propped up the euro zone during the Covid pandemic

ECB trims emergency support, insists 'no tapering'

The European Central Bank has today raised its forecast for economic growth in 2021, as the euro zone recovery gathers pace following the easing of many pandemic curbs.

Business • 09 Sep 21

No interest rate changes from European Central Bank today

ECB to boost emergency bond buys, keeps rates unchanged

The European Central Bank said today it was going to boost its bond purchases over the next quarter as it attempts to keep borrowing costs low for a euro zone economy still struggling with the Covid-19 pandemic.

Business • 12 Mar 21

No rate changes from the European Central Bank today

ECB reaffirms pledge to support economy through Covid

The European Central Bank warned today that a new surge in Covid-19 infections poses risks to the euro zone's recovery and reaffirmed its pledge to keep borrowing costs low to help the economy through the pandemic.

Business • 21 Jan 21

The ECB expects economic growth to rebound more slowly in 2021 as the Covid-19 pandemic continues to hit output

European Central Bank sees slower growth next year

The European Central Bank expects economic growth to rebound more slowly next year as the pandemic continues to weigh on output but the recovery could be quicker in 2022 than earlier thought, its updated economic projections showed today.

Business • 10 Dec 20

The ECB said the euro zone is 'facing an economic contraction of a magnitude and speed that is unprecedented in recent history'

ECB's Lagarde warns of 'unprecedented' slump

The coronavirus will push the euro zone economy into an "unprecedented" peacetime slump, European Central Bank chief Christine Lagarde said today, vowing to use all the bank's tools to help combat the downturn.

Business • 30 Apr 20

In March, the ECB agreed to discard many of its previous stimulus rules and buy up to €1.1 trillion of debt this year

ECB minutes show qualms about pulling out all stops

Central Bank policymakers feared a rapid deterioration of the euro zone economy when they decided on an raft of emergency measures earlier this month.

Business • 09 Apr 20

ECB chief Christine Lagarde will herself will kick off the town-hall events - dubbed the 'ECB Listens'

'We want to listen' - Lagarde kicks off ECB roadshow

The European Central Bank said today it was launching a roadshow to collect feedback from citizens across the euro zone.

Business • 24 Feb 20

New ECB chief Christine Lagarde will launch a review of the bank's main policies today

ECB launches review, keeps policy on hold

The European Central Bank launched a broad review of its policy today that is likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.

Business • 23 Jan 20

Christine Lagarde vowed at her first press conference as ECB chief that she would keep to her 'own style' and says her ambition is to be a 'wise owl'

ECB to launch year-long strategy review in January

New European Central Bank chief Christine Lagarde today said the bank would next month launch a major "strategic review" of the bank's tools and goals, its first since 2003.

Business • 12 Dec 19

No policy changes from European Central Bank

The European Central Bank left its policy stance unchanged as expected today but its president Mario Draghi acknowledged risks to euro zone growth are now tilted to the downside.

Business • 24 Jan 19

Five questions for the ECB

The European Central Bank holds its first meeting of the year on Thursday as concern grows about weak economic growth at home and risks abroad from global trade tensions and Brexit.

Business • 21 Jan 19

ECB stays on course to curb stimulus

The European Central Bank kept policy unchanged as expected today, staying on track to end bond purchases this year and raise interest rates next autumn despite protectionist moves around the globe drag on growth.

Business • 13 Sep 18

euro zone interest rates