ECB President Mario Draghi: Further Rates Possible, Talked About Re-Starting QE

European Central Bank ... rates further if downside economic risks were to accelerate and noted that his colleagues discussed the possibility of re-starting the bank's controversial quantitative ... Read More

Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says

The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist. Read More

ECB's June Rate Cut Not Necessarily Followed by Others, Nagel Says

The ECB has essentially promised a rate cut at its next policy meeting on June 6 but policymakers are still debating the rate path beyond that and signals from the U.S Federal Reserve that its own ... Read More

ECB needs positive interest rates sooner rather than later

the European Central Bank (ECB) has yet to increase the official deposit rate from the negative 50 basis points it’s been stuck at for almost three years. When policy makers meet later this ... Read More

ECB ‘a good way off’ from where rates should be

FRANKFURT: European Central Bank (ECB) interest rates will need to rise a lot more to get inflation under control, says Bundesbank president Joachim Nagel. “We’re still very far away from ... Read More

ECB should accumulate data between rate cuts, chief economist says

The European Central Bank should accumulate data before each interest rate cut given the great uncertainty that surrounds the economic outlook, ECB chief economist Philip Lane said on Thursday. "(A) ... Read More

ECB holds rates at record highs, signals upcoming cut

FRANKFURT: The European Central Bank kept interest ... in July at her regular news conference at 1245 GMT. With Thursday's decision, the ECB also left the interest rate on its daily and weekly ... Read More

ECB to Watch Geopolitical Risk When Cutting Rates, Villeroy Says

The European Central Bank will monitor geopolitical risks as it embarks on interest-rate cuts in June, Governing Council member Francois Villeroy de Galhau said. The French central banker repeated ... Read More

Charting the Global Economy: ECB Signals Rate Cuts Coming Soon

The European Central Bank held the line on interest rates but officials leaned even ... register any growth for longer than a year. On the other side of the Atlantic, US economic activity is ... Read More

ECB could start rate cuts in June: Policymaker

Contact us Editorial : +94 0112 479 356 dmonlinelk@gmail.com Technical : +94 011 538 3437 helpdesk@wijeya.lk webadsupport@wijeya.lk Marketing : +94 011 247 9540 +94 011 247 9873 Web Advertising ... Read More

Latest Business News

It’ll discuss “selecting locations for authentic storytelling, indigenous community engagement and dismantling location stereotypes,” among other things, AFCI said. Attendees will include ... Read More

What are today's savings interest rates?

How much interest you can earn, however, depends on where savings rates currently stand. The national average savings account interest rate is 0.46% as of May 3, 2024, according to the latest ... Read More