About: interest rates

Economic governance 24-01-2020

IMF warns of the risk of central banks’ ‘cheap money’

The monetary stimulus has been one of the main engines of growth over the past years, but continuing with the supply of 'cheap money' could hurt low-income countries, fuel risky investments and affect savers, warned the IMF on Friday (24 January).
Economy & Jobs 26-07-2019

Unconventional measures are seeing a comeback at the ECB

The ECB's key interest rate remains at zero and is expected to be at that rate at least until summer 2020. However, ECB chief Mario Draghi is suggesting that a decisive fiscal policy is far more important for the eurozone, especially for Germany and Italy. EURACTIV Germany reports.
Economy & Jobs 08-06-2017

ECB to keep taps open as economic outlook uncertain

The European Central Bank is likely to keep the money taps fully open at its meeting today (8 June) as inflation remains below its target despite stronger economic growth in the eurozone.
Euro & Finance 10-01-2017

Russian central bank governor voted best in Europe for 2017

British monthly magazine The Banker has voted the governor of Russia’s main financial institution as Central Banker of 2017, after the Russian economist halved inflation in 2016. EURACTIV’s partner Milano Finanza reports.

Euro & Finance 04-08-2016

Bank of England cuts rates to record low after Brexit vote

The Bank of England on Thursday slashed interest rates to a record low 0.25 percent and announced a vast stimulus package to combat economic fallout from Britain's looming EU exit.
Euro & Finance 13-01-2016

‘Zeroflation’ baffles central bankers

Discussions between central bankers often revolve around interest rates. But for the architects of the world's monetary policy, who met in Paris on Tuesday (12 January), ultra-low interest rates were the order of the day. EURACTIV France reports
German consumers spent close to € 1.6 trillion in 2013. Berlin 2013 [Sascha Kohlmann/Flickr]
Health 26-06-2014

ECB interest rate cut bolsters spending in Germany

After an ECB resolution to push interest rates to all-time lows, the inclination to save is dwindling among consumers, a trend apparent among Germans, who are spending more than they have in seven years. EURACTIV Germany reports.
Euro & Finance 06-02-2014

France scores points in fight against strong euro currency

The European Central Bank (ECB) is holding its monthly meeting today (6 February) amid growing calls to lower the bank's refinancing rate to zero, EURACTIV.fr reports.
Euro & Finance 08-04-2011

ECB hikes rates, ready to move again in July

The European Central Bank raised interest rates for the first time since the 2008 financial crisis yesterday (7 April) and signalled it was ready to tighten policy further if needed to check rising prices.

Industry hails UK decision on interest rate

The Bank of England's decision to hold interest rates at a record low of 0.5% and to press ahead with its £200 billion (€242 billion) quantitative easing scheme has been welcomed by business leaders.
Euro & Finance 06-02-2009

EU keeps rates stable as BoE moves to record low

The European Central Bank (ECB) decided yesterday (5 February) to keep its main interest rate at 2%, as widely anticipated, but hinted at new cuts in March. Meanwhile, the Bank of England (BoE) cut its benchmark rate from 1.5% to 1%, its lowest level since the bank was founded in 1694.
Euro & Finance 16-01-2009

Eurozone interest rates slashed to historic low

The European Central Bank (ECB) yesterday (15 January) cut eurozone interest rates from 2.5% to 2%, their lowest level ever, amid a worsening economic crisis and falling inflation. ECB President Jean-Claude Trichet called for "bold decisions" to be made and said he was prepared to assume a greater role towards banking supervision.
Euro & Finance 05-12-2008

European central banks in coordinated rate cut

The European Central Bank and the Bank of England yesterday announced large interest rate cuts in a coordinated attempt to fend off deepening recession. Sweden's central bank had earlier led the way with its own surprise move.
Euro & Finance 23-01-2008

EU leaders warn against ‘hasty decisions’ on economy

Speaking yesterday in Parliament, Economic and Monetary Affairs Commissioner Joaquin Almunia said that Europe was much better positioned than the US to weather any forthcoming economic slowdown and therefore should not overreact.

ECB chief attacks German, Finnish wage rises

The introduction of a mimimum wage for the postal sector in Germany and higher incomes for nurses in Finland have sparked harsh criticism from ECB President Jean-Claude Trichet. His speech at a conference in Berlin may hint at the ECB's refusal to lower interest rates well into 2009, economists say. 
Euro & Finance 15-11-2007

The case for a rise in European interest rates

Due to increasing inflationary pressure, the European Central Bank (ECB) should not wait until next year to raise its interest rates from their current level of four percent, writes Wolfgang Münchau from EuroIntelligence. 
Euro & Finance 07-09-2007

ECB rate decision welcomed as ‘breath of fresh air’

In a widely anticipated decision, the European Central Bank announced on 6 September that its main interest rates would remain unchanged at 4%. The bank's decision has been interpreted by financial experts as an attempt to prevent economic slowdown caused by the recent turmoil in financial markets. 
Euro & Finance 31-08-2007

Pressure mounts on Trichet ahead of Parliament hearing

MEPs and trade unions are calling for interest-rate cuts and increased regulation of financial markets at EU level in order to avert a crisis similar to that of the US subprime mortgage, ahead of a debate with European Central Bank President Jean-Claude Trichet in Parliament.
Euro & Finance 28-08-2007

ECB chief hints at rate-rise retreat

European Central Bank President Jean-Claude Trichet has said that the bank is "not pre-committed" to raising interest rates, leading to speculation that an expected September rate hike may be off the cards.
Euro & Finance 09-03-2007

Interest rates hit five-year high

The European Central Bank (ECB) raised interest rates on 8 March 2007 to 3.75% and indicated that further increases were likely due to growth and inflation in the eurozone. 
Euro & Finance 09-02-2007

ECB hints at March interest-rate hike

The European Central Bank (ECB), while keeping interest rates steady at 3.5%, hinted that they could rise next month amid ongoing wage negotiations in Germany, a move which would make European exports more expensive.

ECB rate rise under fire

The European Central Bank has raised its interest rates for the sixth time this year. ETUC, the EU's trade union confederation and French presidential candidate Segolène Royal have attacked the decision.
Euro & Finance 25-07-2006

Hungary raises interest rates in fear of inflation surge

Continued inflation raises doubt about Hungary's hopes of joining the euro zone in 2010.
Euro & Finance 03-03-2006

ECB raises rates to 3-year high

The European Central Bank has lifted interest rates for the second time since December and signalled that further raises are forthcoming.