The reduce within the ECB’s key deposit fee, through 0.25 of some extent to a few%, additionally marks the beginning of a discount in installments for round 400,000 servicing floating fee mortgages, whose base charges were frozen since April 2023. On the time, banks determined to stay benchmark charges secure at March 2023 costs to … Read more
The verdict appears to be transparent this week. Like maximum observers, we predict the Eu Central Financial institution (ECB) to chop rates of interest through 25 foundation issues on Thursday. Even supposing the ECB will tension as standard that its additional movements are data-dependent, ECB President Christine Lagarde is not going to mention the rest … Read more
The verdict appears to be transparent this week. Like maximum observers, we predict the Eu Central Financial institution (ECB) to chop rates of interest by way of 25 foundation issues on Thursday. Even supposing the ECB will rigidity as same old that its additional movements are data-dependent, ECB President Christine Lagarde is not likely to … Read more
A big day for the European Central Bank: for the first time since September 2019, the ECB will cut borrowing costs this Thursday. However, beyond the pre-announced 25 basis point rate cut, the ECB is likely to provide little clarity on its monetary policy outlook going forward. That the ECB will make another (reduction) move … Read more
Print Edition Eurozone wages in emergency The ECB’s wage monitoring system – an important tool used to assess wage developments in the euro area – signals that overall wage pressures have moderated since 2023. At the same time, wage growth is expected to remain high in 2024 and show fluctuating profiles. The increase of […] … Read more
Housing costs are constantly rising for households in the eurozone, including Greece, due to increases in mortgage repayments due to high interest rates, high rents and higher utility bills (electricity, natural gas, water, etc. ). This has resulted in the proportion of households in the single currency area who estimate they will be late paying … Read more
![Print EditionDifficult times are coming A “triptych” – fire is expected by the head of the ECB’s European Supervisory Mechanism, Claudia Buch, in the coming months in the eurozone, warning banks in the region to be prepared for an increase in bankruptcies, geopolitical risks and disturbances in energy-intensive sectors. The head of the banking supervisory mechanism of the European Central Bank, who became president on […] The micro-economist First Publication: 20/03/2024 01:00](https://i3.wp.com/www.tanea.gr/wp-content/uploads/2024/03/Claudia-Buch.jpg?w=640&resize=640,360&ssl=1 "Print EditionDifficult times are coming A “triptych” – fire is expected by the head of the ECB’s European Supervisory Mechanism, Claudia Buch, in the coming months in the eurozone, warning banks in the region to be prepared for an increase in bankruptcies, geopolitical risks and disturbances in energy-intensive sectors. The head of the banking supervisory mechanism of the European Central Bank, who became president on […] The micro-economist First Publication: 20/03/2024 01:00")
Print EditionDifficult times are coming A “triptych” – fire is expected by the head of the ECB’s European Supervisory Mechanism, Claudia Buch, in the coming months in the eurozone, warning banks in the region to be prepared for an increase in bankruptcies, geopolitical risks and disturbances in energy-intensive sectors. The head of the banking supervisory … Read more
The central banks will be firmly on the markets’ radar all this week, as ten of them are expected to make major monetary policy decisions. A big question mark remains for almost all of them inflation, which has brought them to a crossroads after many months of continuous increases in the cost of borrowing. The … Read more
Inflation The eurozone’s rate will likely fall to the European Central Bank’s 2% annual rate target by the third quarter – and may even briefly fall below that. But after inflation rates fell rapidly from a peak of 10.6% year-on-year in October 2022, the tapering process is likely to proceed much more slowly in the … Read more
Different views European Central Bank officials seem to have a handle on when interest rate cuts should begin, which shows the opposing camps that have formed within the ECB. France’s central banker and member of the ECB’s Governing Council, Villeroy de Gallo, threw down the gauntlet to his colleagues by suggesting that monetary policy easing … Read more
