News with the tag "ecb"

Christine Lagarde, president of the European Central Bank (ECB), has been considering stepping down from her post ahead of schedule to take over as chair of the World Economic Forum (WEF), according to Klaus Schwab, the WEF’s founder and former chairman. The discussions, which have been ongoing for ...

The European Central Bank (ECB) is warning that the past month’s stock market recovery is at risk amid ongoing geopolitical uncertainty. In a forward to the bank’s biannual “ Financial Stability Review ,” ECB Vice President Luis de Guindos says markets are still “highly sensitive” to news about glob...

Large U.S. companies were increasingly tapping Europe’s debt market at a record pace, attracted by lower borrowing costs on the continent. The companies also took advantage of the chance to diversify their funding sources, as uncertainty over President Donald Trump’s tariffs triggered big market swi...

Poste Italiane could support the final phase of the digital euro rollout thanks to its broad client base, according to ECB executive board member Piero Cipollone. Poste Italiane might soon do more than deliver mail and manage savings accounts — it could help bring the digital euro to millions of Ita...

European leaders say they’ve never dealt with anything like the first 100 days of Trump’s second term. Officials in Brussels, Berlin, and beyond are trying to handle the chaos that’s come from the White House since January. The mess includes rising tensions over trade and growing confusion around th...

The European Central Bank (ECB) is reportedly pushing to update the EU’s crypto market regulation amid concerns that US President Donald Trump’s stance on digital assets could jeopardize the region’s economy. According to a policy paper seen by Politico, the central bank believes that Trump’s “lavis...

Deutsche Bank says the dollar is headed for its worst stretch in more than a decade. The warning came from the bank’s research team this week, saying a “major downtrend” is underway that will drag the dollar down to levels not seen since 2014. This forecast came in a note by strategists George Sarav...

After more than a decade of regulatory ambiguity, US lawmakers are opening federal doors to the stablecoin market. The Senate Banking Committee has tabled the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a bipartisan bill that could establish a clear framework for do...

Europe needs to embrace a digital version of its currency (or a digital euro) to stand strong against the rising popularity of stablecoins and the widespread use of payment systems from the United States. That’s the message from Philip Lane, the Chief Economist at the European Central Bank (ECB). Ac...

Is Europe at risk of losing control over its financial future? Recent warnings from a top European Central Bank (ECB) official suggest so. As digital payments become increasingly dominant, the ECB is making a powerful push for a digital euro . But why the urgency, and what does it mean for Europe an...