Monetary Policy
Draghi: Europe needs to integrate faster if it wants to matter on world stage
Europe is respected as a global power only in areas of pooled competences like trade, competition and monetary policy, says the former Italian prime minister.
Europe wonders whether it can afford to take on the US dollar
Global turmoil has Sweden flirting with the euro
Croatia secures shock victory in ECB race
ECB vice president: We still trust the Fed
Global central bankers speak up for beleaguered Fed Chair Powell
Latvian governor strives to rise above Baltic fray in ECB board bid
6-way bidding war emerges for ECB vice presidency
Eurozone finance ministers will pick the winner behind closed doors in a secret ballot on Jan. 19
ECB keeps rates unchanged as prospects brighten
The central bank has raised its growth forecasts after dodging Donald Trump’s trade bullets.
Fall in UK inflation sets up BoE interest rate cut
The news comes only a day after labor market data showed the unemployment rate rising to its highest level in over four years.
European Parliament wins chance of bigger say in ECB vice president race
Early private hearings will give lawmakers a chance to press key demands such as gender balance.
Lagarde: Leaders must ensure female presence in ECB leadership
The shortlist for the new vice-presidency suggests a further extension of male dominance in the Eurosystem.
ECB frets at prospect of Trump ally running US central bank
A politicized Fed could be bad news for central banks everywhere, officials fear.
Markets give a cautious welcome to Reeves’ messy UK budget
Gilts breathe out as chancellor manages to plot a way to safer waters without income tax hike.
ECB Lagarde flags essential steps to fuller union for raising growth
Central bank president delivers a rueful “told you so”
Spain seen gunning for top job at European Central Bank
But Germany may also want a say in the race to replace Christine Lagarde.
Trump’s tariffs have hurt less than expected so far, says ECB’s Kocher
Tentative signs of a stable recovery will allow for a stable rate policy, Austria’s new central banker tells POLITICO.
EU tells skeptical Bulgarians the euro is their guardian angel in a dangerous world
European leaders want to dispel anti-euro sentiment in Bulgaria two months before it joins the single currency.
Farage’s deputy calls for fresh debate over Bank of England remit
Deputy leader of poll-leading populist party wants debate over the make-up and role of the Monetary Policy Committee.
ECB keeps interest rates unchanged as economy withstands trade shock
Resilient economy and low inflation leave the central bank in its “good place.”
ECB union sues bank over attempts to silence union reps
Labor relations in Frankfurt have hit a new low.
Debt-ridden Italy fears impact of guarantees for €140B loan to Ukraine
The European Commission has proposed a scheme to leverage frozen Russian assets to fund a reparations loan to Ukraine.
EU’s G7 big 3 want heavyweight allies in seizing Russian assets
The European Central Bank fears putting Putin’s assets to work could undermine the credibility of the euro. Tokyo and Washington would offer useful cover.
Brussels eyes loophole to isolate Hungary, send billions in Russian assets to Ukraine
EU legal experts are studying a way to get round the need for unanimity to send €140 billion to Kyiv.
Farage takes on the Bank of England with blast against QE legacy
Reform leadership leans on BoE to scrap gilt sales and cut interest payments on excess reserves.
Commission proposes €140B loan to Ukraine using Russian frozen assets
Talks will come to a head during a meeting of EU leaders next week.
The digital euro has enraged half of Brussels. Here’s what you need to know.
Who’d have thought a digital version of physical cash would be so controversial?
Bank of England to ease pressure on Reeves by slowing bond sales
Every little helps for a Chancellor under pressure ahead of November’s budget.
Russia cuts interest rates again but frictions with government remain
The economy ministry is unhappy that high interest rates risk missing all-important growth targets set by President Putin.
Germany’s weakness could be France’s salvation
With the U.S. alliance fraying and its economy beset by challenges on all sides, Berlin can’t afford any more disputes in Europe.
ECB’s Lagarde set to face grilling on French troubles
For Christine Lagarde the occasion will serve as an uncomfortable reminder of her biggest communications gaffe as central bank chief.