ECB Finds Massive Demand For Cash And Digital Payments
Cash is still the most frequently used means of payment at the point of sale, but its share is continuously dropping based on the latest study on the payment attitudes ...
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Tag: European Central Bank
ECB Eases Rate Hikes, Insists Inflation Fight Must Continue
Summary ECB hikes rates by 50 bps, signals similar hikes QT to start in March Eurozone recession approaches Inflation risks skewed to upside The European Central Bank slowed the pace ...
ECB Cautions Of Losses As It Suffers From Decade Of Money Printing
The European Central Bank warned on Tuesday that it might suffer a loss as rising inflation forces it to hike interest rates and pays the price of a decade of ...
Europe Plunging Into Recession As Cost Of Living Crisis Worsens
The eurozone is almost definitely steering into a recession, with polls on Monday showing a heightening cost of living crisis and a stark outlook that is keeping consumers cautious of ...
ECB Accounts Show Inflation Fears Worsening
European Central Bank policymakers' meeting in July seemed increasingly worried that soaring inflation was getting rooted, even as the risk of recession threatened the bloc, the accounts of the July ...
ABN Amro’s Quarterly Profit Exceed Estimates Despite Increasing Costs
Dutch bank ABN Amro (ABNd.AS) tops analyst expectations on Wednesday with a jump of 21 percentage points in second-quarter net profit to 475 million euros ($485 million), as the release ...
Global Economic Slowdown Fears Increase As Cost Of Living Bites Hard
Summary PMIs suggest global economy heading into a serious slowdown S. business activity sees the first contraction in 2 years Eurozone business activity shrinks in July China lockdowns and the ...
BoE Policymaker Wants Quicker Rate Hikes To Prevent Weak Pound Fueling Inflation
Catherine Mann says the Bank of England’s MPC is at risk of lagging behind rival central banks. The Bank of England should hike interest rates more hawkishly to bolster the ...
Taking On The Inflation Menace: Five Questions for the ECB
The European Central Bank (ECB) seems all but certain to declare on Thursday that its years of bond-buying stimulus have come to an end and that soaring inflation means interest ...
Bank of England Advises Banks To Consider Climate Action Now Or See Profit Loss
Summary BoE says climate is a 'first-order' strategic issue Costs are manageable as customers will largely pay Test outcome won't affect capital for now Fitch says the test is toughest ...