News from European Central Bank
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European Central Bank · ParisOVERVIEW: When politicians become too interested in central banks, it ends up in a mess. French President Emmanuel Macron comes up with a recipe for a “better” functioning of the European Central Bank. According to him, it should have a three-year mandate, targeting not only inflation, but also economic growth, and taking decarbonisation efforts into account.See the Story
Will the ECB monitor the climate?
European UnionA trio of leading Green MEPs have presented a proposal for a Green Industrial Deal supported by a trillion-euro EU fund and preferential interest rates from the European Central Bank, while warning a swing to the right in June could see five years of climate legislation begin to unravel.See the Story
Green leader sees ‘huge danger’ to climate policy as elections loom
100% Left coverage: 1 sources
Federal Reserve · Port HuronBy Ankika Biswas (Reuters) -European shares flitted in a tight range on Thursday, after falling to a one-week low in early trade, as investors returned from a mid-week holiday to gauge a slew of earnings and the Federal Reserve signalling a delay in interest rate cuts. The pan-European STOXX 600 held its ground at 503.55, as of 0830 GMT, after logging its first monthly decline this year in April. Market sentiment has come under pressure as in…See the Story
European shares struggle for direction in earnings tide, Fed decision
European Central Bank · FinlandInterest rate market expectations for cuts in the ECB's deposit rate have moderated markedly in recent weeks. This is a big disappointment for mortgage borrowers.See the Story