Latest News for: Europe central banks

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Beset by bad news, UK consumers gloomiest since lockdown

Reuters 22 Oct 2021
The loss of confidence among Britain's consumers complicates the job for the Bank of England as it weighs up when to raise interest rates for the first time since the start of the pandemic ... highest in Europe. The central bank is due to announce its next policy decision on Nov.
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UN sets up trust fund for ‘people’s economy’ in Afghanistan

Dawn 22 Oct 2021
... and Europe. The Taliban takeover saw billions in central bank assets frozen and international financial institutions suspend access to funds, although humanitarian aid has continued. Banks are running out of money, civil servants have not been paid and food prices have soared.
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Turkish lira plummets to new low after central bank slashes rates

Middle East Monitor 21 Oct 2021
... to the dollar, and was the worst performer in Europe, the Middle East and Africa (EMEA) after the central bank cut rates to 16% from 18%.
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Post-Covid economic recovery has already peaked

Asiatimes 21 Oct 2021
All this greatly complicates central banks’ hopes of scaling back their crisis support by slowing asset purchases or raising interest rates ... Central banks and ... In recent decades, politicians in the US, Europe and Japan happily shifted the economic management role to central banks.
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Digital dollars: Should the U.S. have its own virtual currency?

Yahoo Daily News 21 Oct 2021
But unlike Bitcoin, they would be minted and managed under the authority of a nation’s central bank, meaning they would be an official legal tender that could be spent wherever traditional money was accepted ... The Bank of England and Central Bank of Europe are also preparing their own trials.
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Miners and weak earnings drag European stocks lower

The Irish Times 21 Oct 2021
“The downside risks relative to our projections are increasing, given the potential additional drag from supply-chain disruptions, energy shortages in Europe and China, the intensifying debt crisis in China’s property sector, and the risk of a central bank policy mistake.” ... There was no relief for banking stocks either.
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Miners, weak earnings drag European stocks lower

Metro USA 21 Oct 2021
“The downside risks relative to our projections are increasing, given the potential additional drag from supply-chain disruptions, energy shortages in Europe and China, the intensifying debt crisis in China’s property sector, and the risk of a central bank policy mistake.” ... There was no relief for banking stocks either.
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UN sets up trust fund for Afghanistan amid cash shortages

Al Jazeera 21 Oct 2021
... and Europe. The Taliban takeover saw billions in central bank assets frozen and international financial institutions suspend access to funds, although humanitarian aid has continued. Banks are running out of money, civil servants are not being paid and food prices have soared.
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U.N. sets up trust fund for 'people's economy' in Afghanistan

Reuters 21 Oct 2021
... and Europe. The Taliban takeover saw billions in central bank assets frozen and international financial institutions suspend access to funds, although humanitarian aid has continued. Banks are running out of money, civil servants have not been paid and food prices have soared.
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Powell's Reappointment, Central Bank Balance Sheets And Bitcoin

Bitcoin Magazine 20 Oct 2021
Discussing Jerome Powell's reappointment as chairman of the Federal Reserve, the state of central banking and more ... It’s a little bit of a different episode, kind of a “this is where we are in the world of central banking” discussion.Drama Around The Powell Reappointment ... Yardeni Monthly Central Bank Balance Sheet charts..
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Eastern European central banks, governments at odds amid inflation

Shenzhen Daily 20 Oct 2021
A SURGE in price growth in Eastern Europe has opened a rift between central banks that have launched rate hikes to battle inflation and populist governments trying to defend a strong economic recovery ... Poland’s central bank unexpectedly increased rates this month to tackle inflation in the medium term.(SD-Agencies).
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Weidmann: the often lonely ECB voice against easy money

Reuters 20 Oct 2021
A speaker of fluent French and some Italian, Weidmann was often at the opposite end of policy arguments to his peers from southern Europe, with Dutch central bank head Klaas Knot his most frequent ally among policymakers from the "frugal north".
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ALEX BRUMMER: Is the Bank going to be a leader or a follower on rates?

This is Money 20 Oct 2021
As the eurozone grew bigger to encompass 19 nations, each with a vote on the ECB council, the inflation-fighting priorities of Europe’s central bank were diluted ...
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ALEX BRUMMER: Will the Bank of England be a leader or a follower on interest rates?

The Daily Mail 20 Oct 2021
... the Bundesbank whose monetary zeal populated the European Central Bank ... As the eurozone grew bigger to encompass 19 nations, each with a vote on the ECB council, the inflation-fighting priorities of Europe’s central bank were diluted in favour of supporting output and employment.
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Analysis: Central Banks and Governments in Eastern Europe at Odds Amid Inflation

The Epoch Times 19 Oct 2021
BUDAPEST—A surge in price growth in eastern Europe has opened a rift between central banks that have launched rate hikes to battle inflation and populist governments trying to defend a ...
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