About: Monetary policy Archives

  • Inflation remains ECB’s top priority, says Trichet

    Euro & Finance 24-01-2008

    Despite the recent sharp cuts in US interest rates, the European Central Bank will remain focused on fighting inflation without modifying current rates, said ECB President Jean-Claude Trichet yesterday.

  • EU leaders warn euro strength could stifle growth

    Euro & Finance 14-01-2008

    The euro's strength is harming the economy of the 15 countries using the currency and could exacerbate an anticipated slowdown in the bloc's economic growth in the year to come, EU officials cautioned.

  • EU growth forecast cut amid ‘continued uncertainty’

    Euro & Finance 12-11-2007

    The Commission has played down expectations for the EU's economy in 2008 and 2009. Meanwhile, the European Central Bank has responded to the "continued uncertainty" on European financial markets following the US sub-prime mortgage crisis by announcing further cash injections, but said higher than expected inflation meant a cut in interest rates remained out of the question. 

  • G7 implores China to allow stronger yuan

    Euro & Finance 22-10-2007

    China should allow its currency to rise more quickly in order to help Europe and the US restore some of their industrial competitiveness and limit growing trade deficits, said finance ministers from the world's seven leading industrialised nations.

  • EU rejects calls for further regulation on financial markets

    Euro & Finance 12-09-2007

    Responding to questions from MEPs about the recent financial turmoil, ECB chief Jean-Claude Trichet and Commissioners McCreevy and Almunia highlighted the need to improve the transparency of financial markets rather than taking further regulatory action in order to avert similar crises in the future.

  • Pressure mounts on Trichet ahead of Parliament hearing

    Euro & Finance 31-08-2007

    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.

  • ECB chief hints at rate-rise retreat

    Euro & Finance 28-08-2007

    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.

  • Sarkozy woos finance ministers on deficits and IMF

    Euro & Finance 10-07-2007

    Having convinced fellow eurozone nations that his country should be allowed to bypass a deal between the bloc's 27 members on eliminating budget deficits in order to boost growth and employment, French President Nicolas Sarkozy has also won support for his candidate to head the International Monetary Fund (IMF).

  • Sarkozy to seek ‘reciprocity’ in trade talks

    Trade & Society 24-05-2007

    During his first visit to Brussels, French President Nicolas Sarkozy said that he would refuse to "sell off" the interests of French agriculture in WTO negotiations and announced future proposals to revise eurozone governance.

  • Economic upswing sends euro and pound surging

    Euro & Finance 18-04-2007

    Global investors are favouring European currencies as the long-laggard continent ascertains its strong economic growth and the US economy shows signs of a substantial slowdown. But this may not be good news for all.

  • Get your macro-economics right before labour reforms

    Social Europe & Jobs 22-03-2006

    In an economic environment marked by the rationalisation of workflows and by global competition, good macro-economic figures are a necessary condition for creating jobs, but not a sufficient one, experts at a Brussels conference agreed. 

  • ECB withstands rate cut pressure

    Euro & Finance 12-04-2001

    In spite of increased pressure, European Central Bank decides to leave interest rates unchanged