European Central Bank

The European Central Bank raised its key interest rates by 0.25% Thursday, as broadly expected by the market, increasing the marginal lending facility rate to 3.75%, the highest since the end of 2008. The ECB policy decision comes a day after the Federal Reserve also raised...

The European Central Bank hiked interest rates by 50 basis points Thursday, bringing the rates on its main refinancing operations and deposit facility to 3.5% and 3%, respectively, as it anticipates inflation will remain "too high for too long."  Lagarde Signals Data-...

The European Central Bank (ECB) has been researching the feasibility of a digital euro since October 2021. A decision on whether to proceed to the testing phase is to be made by EU heads of state this autumn. The motivation for a digital euro arises from concerns that the Eurozone could become...

The European Central Bank's chief blamed Russian President Vladimir Putin’s war in Ukraine for the rising inflation in the continent, forcing the bank to raise interest rates. What Happened: "That's what he [Putin] is trying to do, cause chaos and destroy...

Oil fell on Friday dragged by demand concerns, increasing stockpiles, and the likelihood of the Biden administration making a fresh release from emergency reserves. As central banks continue to implement their aggressive rate hikes, demand concerns from China are taking precedence. On Thursday, the...

ECB has raised the interest rate by 75 bps to 1.25%, in line with the expectations. It hiked the Deposit Facility rate by 75 bps to 0.75%, higher than the expected 0.50%. Its Marginal Lending Facility rate now stands at 1.50%. It aims to ensure the timely return of inflation to the ECB...

While Bitcoin (CRYPTO: BTC) was in the $38,000 range Thursday evening, four analysts and expert traders shared their thoughts on Twitter Inc (NYSE: TWTR) about the largest cryptocurrency by market capitalization. What Happened: Amsterdam-based popular cryptocurrency analyst Michaël van de...

Equities are making small gains once again as investors continue to reap the rewards of remaining positive despite Monday’s worrying sell-off. The broad market climbed for a third straight day following the ECB’s continued commitment to dovish monetary policy. The bank announced it will...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The total value locked in DeFi protocols has skyrocketed to $53.7 billion from just $2.5 billion a year ago. Most of this growth has been...

For those who thought last week was action-packed with U.S. indices to new all-time highs, the TNX dipping to 1.26%, levels we haven’t seen since February, and crude oil spiking to 6-year highs – hold on to your hats because you haven’t seen anything yet. It’s a busy week...

The Past Week, In A Nutshell What Happened: After auctioning to new all-time highs, U.S. index futures moved back into balance. Remember This: “With Global Liquidity jumping by some US $20 trillion in 2020, or some 25% of World GDP, there is a lot to spend... Consider that following the 1930s...

The European Central Bank left interest rates unchanged Thursday, but increased its pandemic bond buying program.  The ECB Pandemic Emergency Purchase Programme has been increased by 600 billion euros to 1.35 billion euros ($1.52 billion). The horizon for net purchases under the PEPP will...

Germany's Constitutional Court has ruled the European Central Bank's massive bond-buying program, also known as "quantitative easing," to stabilize the eurozone may violate the German constitution. The judges have set a three-month timeline for the ECB to give a valid explanation...

It was an eventful week for the world’s largest central banks as the Bank of Japan, U.S. Federal Reserve, and European Central Bank held scheduled policy meetings. These three institutions altogether cover nearly half of the global economy. Bank of Japan began the week Monday by cutting the...

It’s another big week for traders and investors alike, with earnings, economic data, and central bank activity. Meaning there is a lot to stay dialed in on. First and foremost, this week we have 160 S&P 500 companies, including some big names, set to report quarterly results. We also have...