Francesco Canepa
Senior ECB Correspondent at Reuters
ECB correspondent at Reuters. RTs are not endorsements and views are my own. Tip me off at francesco dot canepa at tr dot com
Articles
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1 week ago |
theglobeandmail.com | Francesco Canepa |Balazs Koranyi
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1 week ago |
marketscreener.com | Francesco Canepa |Balazs Koranyi
FRANKFURT (Reuters) - The European Central Bank cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit from U.S. tariffs, bolstering bets for even more policy easing in the months ahead. The ECB has taken borrowing costs to their lowest level since late 2022 as the sharp post-pandemic inflation spike has largely disappeared and fast-moving changes to trade policies sap business confidence and depress growth.
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1 week ago |
in.marketscreener.com | Francesco Canepa
FRANKFURT (Reuters) - Some European Central Bank policymakers see a high chance of a further interest rate cut in June as a trade war and the associated market turmoil dent the economic outlook, four sources told Reuters. The ECB lowered borrowing costs for the seventh time in a year on Thursday but President Christine Lagarde gave little away about the path ahead for rates, saying the bank needed to stay firmly in the mode of making decisions meeting by meeting.
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1 week ago |
today.westlaw.com | Catherine Evans |Balazs Koranyi |Francesco Canepa |Marc Jones
FRANKFURT (Reuters) - The European Central Bank cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit from U.S. tariffs, bolstering bets for even more policy easing in the months ahead.
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2 weeks ago |
businesslive.co.za | Balazs Koranyi |Francesco Canepa
The tariffs are still likely to have a deep impact on the eurozone and sources close to the ECB say that growth is likely to take a far bigger hit than the half a percentage point earlier predicted. The ECB is now revisiting its own economic models and could present fresh estimates at next week’s policy meeting. Some policymakers say that such a hit on its own would be enough to justify another rate cut next week, which would be the ECB’s seventh in the past year.
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Exclusive: How #ECB dodged a payment disaster in 10 hours of tech meltdown. Read @Reuters reconstruction of the breakdown here: https://t.co/9Q7g6ZpNqK @LPapadimas @ElisaMartinuzzi @ReutersSinead
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