ECB's multi-trillion payments breakdown sends shudders through Europe
Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's ...
ECB Weighs Bank Inspection Changes as Oversight Criticism Mounts
Officials who help steer the European Central Bank’s oversight arm want it to take a fresh look at how it conducts ...
ECB fixes outage in multi-trillion-euro payment system
By Sinead Cruise, Amanda Cooper and Francesco Canepa LONDON/FRANKFURT (Reuters) - The European Central Bank said late on ...
ECB to cut rates again on March 6 as focus turns to growth: Reuters Poll
The European Central Bank will trim its deposit rate again next week to 2.50%, according to all 82 economists polled by ...
ECB’s €790 Billion Trade Settlement System Operational Again
The European Central Bank’s securities settlement system is working again after a communications shutdown earlier on Thursday ...
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ECB Outage Disrupts Trillions in Euro Transactions: A Wake-Up Call
The European Central Bank's payment system experienced a seven-hour breakdown, disrupting trillions of euros in transactions. The issue was attributed to a hardware defect, not foul play. This ...
ECB's Nagel sees more rate cuts as inflation outlook encouraging
The European Central Bank has room to cut its interest rates further if inflation eases to its 2% goal this year as it ...
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Euro Banking System Shocked by Unprecedented ECB Payment System Outage
The European Central Bank experienced a major breakdown in its payment system, causing delays in transactions and impacting trillions of euros in payments. The malfunction disrupted the Target 2 ...
Central Banks Should Steer Clear of Climate Politics, ECB’s Wunsch Says
Monetary authorities should stick to their core mandate, according to a European Central Bank rate setter, after the Fed ...
Week Ahead for FX, Bonds: Focus on U.S. Jobs, ECB Decision, China Congress and Tariffs
Key U.S. jobs data, a likely interest-rate cut by the ECB and China’s annual National People’s Congress will all attract ...
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European Central Bank Takes Step Toward Blockchain-Based Payments System
The ECB’s plans to build a payments system on distributed-ledger technology could lead to the issuance of a digital euro.
French Inflation Cools to Four-Year Low as ECB Prepares to Cut Rates Again -- 2nd Update
The latest data shows inflation is at its lowest level since February 2021, before a series of supply shocks drove it higher across Europe and much of the globe. It also marks the first time since ...