Euro-zone business activity shrinks at fastest pace since 2023

Germany's economic contraction amid geopolitical tensions may prompt ECB policy shifts, affecting eurozone stability and investment strategies. The post German private-sector activity contracts for second month amid war appeared first on Crypto Briefing.

The post Euro: Growth downgrades and softer outlook – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale economists highlights that Eurozone 2026 GDP forecasts have been cut more than United States (US) projections in percentage terms, reinforcing United States (US) outperformance. While the European Central Bank (ECB) appears set on at least one rate hike, he suggests global central banks may rein in tightening as growth slows, with the bank’s end-2026 EUR/USD forecast below Bloomberg consensus. Eurozone growth trimmed as US outperforms “Consensus 2026 Eurozone GDP growth forecasts have fallen from 1.2% to 0.8% in the Eurozone since the start of the conflict, and while the US revision, from 2.5% to 2.1% is the same size, US economic out-performance will feel greater at these growth rates.” “The ECB appears committed to at least one rate hike in response to higher inflation, but it won’t take much for central banks around the world to rein I their rate-hiking plans

Rising ECB rates amid geopolitical tensions could trigger inflation control challenges, impacting eurozone growth and financial market stability. The post European Central Bank rate hikes increasingly likely due to Iran war, says Nagel appeared first on Crypto Briefing.

The post ECB’s Philip Lane Warns Oil Shock Could Force Further Rate Hikes appeared on BitcoinEthereumNews.com. ECB’s Philip Lane Warns Oil Shock Could Force Further Rate Hikes Skip to content Home Forex News ECB’s Philip Lane Warns Oil Shock Could Force Further Rate Hikes Source: https://bitcoinworld.co.in/ecb-philip-lane-oil-shock-rate-hikes/

The post ECB Philip Lane: Oil shock to require rate hikes appeared on BitcoinEthereumNews.com. The European Central Bank (ECB) Chief Economist Philip Lane crossed the wires, saying that the energy shock caused by the Iran war will require a restrictive policy at a conference in London. Lane said that “a mid-size but not-too-persistent overshoot could warrant some measured adjustment,” adding that the response has to be “appropriately forceful or persistent” on Lane reaffirmed the ECB’s line that “a mid-size but not-too-persistent overshoot could warrant some measured adjustment” while the response had to be “appropriately forceful or persistent” would require a firmer or longer-lasting policy reaction. EUR/USD reaction on the headline The EUR/USD bounced off around the 1.1700 figure, past the 100-day Simple Moving Average (SMA) of 1.1708, which could open the door for further gains. Up next is the 20-day SMA at 1.1730. ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is

The post ECB’s Rehn: Monetary policy should not be based on oil prices alone appeared on BitcoinEthereumNews.com. European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said during European trading hours on Wednesday that higher oil prices should not be the only factor to direct monetary policy decisions. Rehn added that the central bank needs to assess the scope of energy shocks. Additional comments ECB needs to assess whether the energy shock spreads to inflation expectations, wages and core inflation. It’s worth preparing for a protracted conflict in the Strait of Hormuz. If events turned out differently, it would be easier to adjust. Key factors are the strength and duration of the energy shock and any broader pass-through into inflation. The energy shock is not, at least so far, quite comparable to the 2022 shock. The ECB is committed to keeping inflation stable around 2% over the medium term. Market reaction There seems to be no immediate impact of ECB R

The post ECB to hike interest rates in June – Reuters poll appeared on BitcoinEthereumNews.com. According to a Reuters poll, the European Central Bank (ECB) will hike the deposit rate by 25 basis points (bps) to 2.25% in June, said 59 of 70 economists (vs 44 of 85 in April survey). The poll also showed the ECB to hike the deposit rate at least twice in 2026, said 37 of 70 economists (vs. 34 of 85 in April poll). ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will usually result in a stronger Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone nationa

The post ECB’s Muller: Fast Hormuz solution needed to hold in June appeared on BitcoinEthereumNews.com. European Central Bank (ECB) policymaker Madis Muller said on Wednesday that a fast resolution in the Strait of hormuz is needed for the ECB to hold rates unchanged in June. Regarding the economic outlook, Muller noted that the Eurozone has not fallen into stagflation and added that he doesn’t see any resons to talk about recession. Market reaction EUR/USD stays under bearish pressure following these comments and was last seen losing 0.3% on the day at 1.1705. ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will usually result in a stronger Euro and vice v