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Keywords: European central bank


ECB wage tracker signals cooling pay growth despite inflation pressures

The European Central Bank (ECB) has reported that wage growth across the eurozone is gradually slowing, suggesting that recent inflationary pressures have not triggered a sustained surge in pay demands among workers. According to the ECB’s latest wage tracker data, negotiated wage growth is expected......

Swiss National Bank expected to keep interest rates at 0% through 2027, economists say

The Swiss National Bank (Swiss National Bank) is expected to maintain its key policy rate at 0% in the coming months and potentially through 2027, according to a Reuters poll of economists. All surveyed analysts expect the SNB to keep interest rates unchanged at its upcoming policy meeting on June 18,......

ECB’s Nagel warns inflation pressure to persist despite potential Hormuz Strait reopening

European Central Bank policymaker Joachim Nagel has cautioned that inflationary pressures in the Eurozone are likely to remain elevated even if the Strait of Hormuz reopens in the near term, highlighting the ongoing risks linked to global energy markets. Nagel noted that any improvement in oil supply......

Eurozone GDP revised to 0.2 percent contraction in Q1 2026

Eurozone GDP contracted by 0.2 percent in the first quarter of 2026 after a sharp downward revision of earlier estimates. The final figures show a significant shift from the initial flash estimate, which had indicated a 0.1 percent expansion. The revision marks the first quarterly contraction in the......

European Central Bank warns banks on AI cyber threats

The European Central Bank will send a formal letter to all banks under its supervision, instructing them to strengthen defenses against cyberattacks driven by advanced artificial intelligence models. The move reflects growing concern within the institution about the speed and scale at which AI tools......

Euro Zone current account surplus declines amid falling trade balance

The European Central Bank reported that the euro zone’s current account surplus narrowed significantly in March due to a sharp decline in the region’s trade surplus, reflecting ongoing economic pressures across Europe. According to the latest data, the seasonally adjusted current account......

ECB wage tracker signals stable eurozone wage growth amid inflation concerns

Wage growth in the eurozone remains broadly stable, according to the latest data from the European Central Bank (ECB), which showed little change in negotiated salary trends since the start of the conflict involving Iran. The ECB wage tracker indicated that negotiated wage growth is expected to remain......

ECB policymaker says eurozone recession concerns are “real and justified”

A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......

Spain seeks continued representation on ECB Executive Board

Spain is expected to push for continued representation on the Executive Board of the European Central Bank (ECB) following the upcoming departure of Vice-President Luis de Guindos. As one of the eurozone’s largest economies, Spain considers its presence on the ECB’s top decision-making body......

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