The European Central Bank will need to raise borrowing costs again, the International Monetary Fund said just hours after officials in Frankfurt delivered a quarter-point hike.
The European Central Bank will need to raise borrowing costs again, the International Monetary Fund said just hours after officials in Frankfurt delivered a quarter-point hike.
Switzerland’s economy grew slightly less than initially reported in the first quarter, weighed down by stalling consumer demand and a drop in investment.
A worker assembles a coffee machine in Switzerland. Photographer: Stefan Wermuth/Bloomberg
Switzerland’s economy grew slightly less than initially reported in the first quarter, weighed down by stalling consumer demand and a drop in investment.
A worker assembles a coffee machine in Switzerland. Photographer: Stefan Wermuth/Bloomberg
The European Central Bank shouldn’t hesitate to act, given elevated consumer-price pressures, according to Governing Council member Alvaro Santos Pereira.
The European Central Bank shouldn’t hesitate to act, given elevated consumer-price pressures, according to Governing Council member Alvaro Santos Pereira.
Bank of England rate-setter Catherine Mann warned that the long run of “good luck” central bankers have enjoyed in keeping a lid on inflation has run out as a more shock-prone era sets in.
Croatia’s inflation is likely to ease in May from April’s 5.8%, which was the highest in the euro area on an annual basis, outgoing central bank Governor Boris Vujcic told reporters on Saturday.
Pedestrians in Ban Jelacic Square in Zagreb, Croatia, on Monday, Jan. 2, 2023. Croatia joined the euro zone and the European Union's visa-free travel area on Jan. 1, completing its journey from the war-torn Balkans to the European mainstream.
Swiss voters will decide in September if the country should strengthen its commitment to neutrality, a measure that would limit the government’s ability to impose economic sanctions.
A Swiss national flag on a balcony in Bern. Photographer: Stefan Wermuth/Bloomberg
A small European Central Bank interest-rate increase could temper inflation without causing economic damage, Governing Council member Yannis Stournaras told Liberal.gr.
The European Central Bank (ECB) headquarters in Frankfurt, Germany, on Thursday, April 30, 2026. The European Central Bank is set to keep interest rates unchanged on Thursday as it continues to calibrate its response to the Iran war’s economic fallout.
A small European Central Bank interest-rate increase could temper inflation without causing economic damage, Governing Council member Yannis Stournaras told Liberal.gr.
The European Central Bank (ECB) headquarters in Frankfurt, Germany, on Thursday, April 30, 2026. The European Central Bank is set to keep interest rates unchanged on Thursday as it continues to calibrate its response to the Iran war’s economic fallout.
Governing Council member Yannis Stournaras warned that the European Central Bank could be forced to hike borrowing costs if the price of oil maintains its current level, according to Athens News Agency.
Governing Council member Yannis Stournaras warned that the European Central Bank could be forced to hike borrowing costs if the price of oil maintains its current level, according to Athens News Agency.
The probability that the European Central Bank will need to raise borrowing costs due to the Iran war is rising, according to Bundesbank President Joachim Nagel.
The European Central Bank headquarters in Frankfurt.
The probability that the European Central Bank will need to raise borrowing costs due to the Iran war is rising, according to Bundesbank President Joachim Nagel.
The European Central Bank headquarters in Frankfurt.
European Central Bank Vice President Luis de Guindos rejected the idea of returning to Spanish politics once his term ends in May.
Luis de Guindos, vice president of the European Central Bank (ECB), at the Economic and Financial Affairs Council (ECOFIN) meeting in Brussels, Belgium, on Tuesday, Feb. 17, 2026. Sweden won’t be joining the euro in the near future even as a debate on the merits of such a move is gathering pace, according to Finance Minister Elisabeth Svantesson. Photographer: Simon Wohlfahrt/Bloomberg
European Central Bank Vice President Luis de Guindos rejected the idea of returning to Spanish politics once his term ends in May.
Luis de Guindos, vice president of the European Central Bank (ECB), at the Economic and Financial Affairs Council (ECOFIN) meeting in Brussels, Belgium, on Tuesday, Feb. 17, 2026. Sweden won’t be joining the euro in the near future even as a debate on the merits of such a move is gathering pace, according to Finance Minister Elisabeth Svantesson. Photographer: Simon Wohlfahrt/Bloomberg
Swiss National Bank President Martin Schlegel said cutting borrowing costs below zero is a more significant move than a reduction above that level, according to an interview in Neue Zuercher Zeitung.
Martin Schlegel Photographer: Pascal Mora/Bloomberg
Swiss National Bank President Martin Schlegel said cutting borrowing costs below zero is a more significant move than a reduction above that level, according to an interview in Neue Zuercher Zeitung.
Martin Schlegel Photographer: Pascal Mora/Bloomberg
Trump’s second big shock to the world economy since he returned to the White House looks increasingly likely to force central banks into a new round of tightening.
Jerome Powell, chairman of the US Federal Reserve, from left, Kazuo Ueda, governor of the Bank of Japan (BOJ), Christine Lagarde, president of the European Central Bank (ECB), and Andrew Bailey, governor of the Bank of England (BOE), walk the grounds during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 22, 2025. Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain. Photographer: David Paul Morris/Bloomberg