ECB stuck between a rock (inflation) and a hard place (low growth)
The bank’s governing council opted against raising borrowing costs despite inflation because of low growth and low wage growth.
ECB
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Dollar stablecoins versus a retail digital euro? They are different – not rivals
When Meta announced its Libra/Diem project in 2019, central banks worldwide were confronted with an uncomfortable question: could a private technology corporation issue money at global scale and thereby erode their monopoly over monetary control?
The response was swift. What began as a defensive reflex had become a genuine policy agenda. -
War and oil shock push Europe’s inflation higher, reigniting rate debate
Oil and gas push Europe’s inflation to steepest monthly rise since Russia’s invasion of Ukraine in 2022, Eurostat announces.
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What the 2022 energy crisis taught us about inflation — and why it matters now with Iran
The European Central Bank itself has repeatedly said over the years that its policies are ineffective when dealing with energy shocks.
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EU not ‘lagging’ US in AI-productivity gains, Lagarde tells MEPs
‘We are not yet seeing the waves of redundancies that are feared’, European Central Bank chief Christine Lagarde said, but stressed Europe was benefitting for AI-productivity gains on a par with the US and China.
