Banks have repaid around 500 billion euros in TLTRO loans Moving seen as a first step towards the unwinding of obligations ECB and analysts to monitor impact on bond and money markets FRANKFURT, Nov 18 (Reuters) – The European Central Bank is set to begin the biggest cash withdrawal from the eurozone banking system in …
ECB to start big cash clean-up as banks repay billions in loans Read More »
LONDON, Nov 11 (Reuters) – Defusing this year’s biggest shock to the global economy could catalyze a rebound in global markets that many investors believe is too late – but could also raise other uncomfortable puzzles. Whispers about an endgame to Russia’s 9-month-old invasion of Ukraine – suggestions ranging from ‘talking talks’ to a brokered …
Column: Ukraine endgame could electrify global markets Read More »
The central bank raises its discount rate to 3% from 2.25% BoE tells investors their bets on rate hikes look too big The British pound falls nearly 2% against the US dollar New forecasts show recession will last until 2024 The government is due to present its budget plans on November 17 LONDON, Nov 3 …
Bank of England raises rates to highest since 1989 even as long recession looms Read More »
