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Exclusive-ECB considering several options to mitigate losses, sources say

Exclusive-ECB considering several options to mitigate losses, sources say

By Balazs Koranyi and Francesco Canepa FRANKFURT, July 23 (Reuters) - The European Central Bank is considering several options to mitigate its financial losses, in a tense debate that is expected to come to a head in the autumn, four sources said.

Europe's central bank holds rates steady amid swings in oil prices

Europe's central bank holds rates steady amid swings in oil prices

The European Central Bank is leaving interest rates unchanged amid uncertainty about how volatile energy prices will affect inflation

Euro zone firms struggle to raise consumer prices after Iran shock, ECB poll shows

Euro zone firms struggle to raise consumer prices after Iran shock, ECB poll shows

FRANKFURT, July 24 (Reuters) - Euro zone companies are struggling to raise prices for consumers already struggling with a rise in fuel costs, with fierce competition from China compounding tough market conditions, a European Central Bank survey showed on Friday.

Instant View: ECB leaves rates on hold, but keeps door open to further rate hikes

Instant View: ECB leaves rates on hold, but keeps door open to further rate hikes

LONDON, July 23 (Reuters) - The European Central Bank kept borrowing costs on hold on Thursday but left room for more tightening in the coming months as a widening conflict in the Middle East pushed up energy prices again.

ECB Survey Shows Decrease in Inflation Expectations Amid Economic Adjustments

ECB Survey Shows Decrease in Inflation Expectations Amid Economic Adjustments

The European Central Bank's Consumer Expectations Survey for June 2026 indicates a decrease in inflation expectations among consumers. The median perceived inflation rate over the past 12 months fell to 3.6%, down from 4.0% in May. Expectations for inflation over the next 12 months also decreased to 3.0%, and three-year expectations declined slightly to 2.8%. Despite these decreases, uncertainty about inflation expectations remains higher than pre-Middle East conflict levels. The survey also notes changes in consumer expectations for income growth, spending, and economic growth, with a slight improvement in the economic outlook and a decrease in expected unemployment rates.

Bank of England to hold steady this year but Iran war inflation risks persist: Reuters poll

Bank of England to hold steady this year but Iran war inflation risks persist: Reuters poll

By Jonathan Cable LONDON, July 24 (Reuters) - The Bank of England will not shift its key interest rate from 3.75% on Thursday according to all 70 economists in a July 21-24 Reuters poll, and likely not for another year as inflation is expected to remain firmly above the central bank's 2.0% target.

European Central Bank Maintains Interest Rates Amid Energy Price Volatility

European Central Bank Maintains Interest Rates Amid Energy Price Volatility

The European Central Bank (ECB) has decided to keep its key interest rates unchanged, citing ongoing volatility in energy prices and high uncertainty. The ECB is closely monitoring the inflationary impact of the energy shock and remains committed to stabilizing inflation at its 2% target. The decision reflects the ECB's cautious approach in navigating economic uncertainties, particularly those stemming from the conflict in the Middle East. The ECB will continue to assess economic data to determine future monetary policy actions.

European shares gain as SAP lifts tech stocks; Middle East on watch

European shares gain as SAP lifts tech stocks; Middle East on watch

By Tharuniyaa Lakshmi and Purvi Agarwal July 24 (Reuters) - European shares recovered on Friday after registering their steepest one-day loss in two weeks in the previous session, as investors drew comfort from some corporate earnings and assessed the impact higher oil prices could have on monetary

Bessent just ran into a problem he cannot talk down

Bessent just ran into a problem he cannot talk down

Talk is the cheapest instrument in finance, and for the better part of two decades it was also the most effective. Officials learned that a well-placed sentence could do the work of an entire policy program. Say the right thing in the right room, and borrowing costs came down before anyone signed a ...

ECB Holds Deposit Rate Steady Amid Energy Price Volatility

ECB Holds Deposit Rate Steady Amid Energy Price Volatility

The European Central Bank (ECB) has decided to keep its deposit rate unchanged at 2.25%, a decision that was widely anticipated by the markets. The ECB's Governing Council emphasized a data-dependent approach, indicating that future monetary policy decisions will be made on a meeting-by-meeting basis. Despite acknowledging the volatility in energy prices due to geopolitical tensions, the ECB maintained its commitment to ensuring inflation returns to its 2% medium-term target. The central bank's statement highlighted the need to monitor the full inflationary effects of the energy shock, including indirect and second-round effects, in the coming months.

Stagflation talk returns to rattle markets as oil rebounds to $100

Stagflation talk returns to rattle markets as oil rebounds to $100

By Alun John, Dhara Ranasinghe and Sophie Kiderlin LONDON, July 24 (Reuters) - Renewed hostilities in the Gulf have revived stagflation talk, dimming hopes the interim deal between the U.S. and Iran had come in time for the world economy to avoid elevated inflation alongside stagnant economic growth

Euro zone business activity returns to growth in July for first time in four months, PMI shows

Euro zone business activity returns to growth in July for first time in four months, PMI shows

LONDON, July 24 (Reuters) - Euro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders, even as high inflation and renewed conflict in the Middle East clouded the outlook, a survey showed on Friday.