The Future of Digital Currency: Exploring the Potential of the European Central Bank’s Digital Euro

2023-11-01 01:38:23 This is the second stage of the “digital euro” rocket, powered by the European Central Bank. After two years of investigation, the preparatory phase for the potential arrival of this cash lining opens this Wednesday, November 1st. On the program: finalization of the drafting of the rules, tests and experiments. “We must prepare … Read more

The Future of Digital Euro: ECB’s Second Stage Launches with Preparatory Phase

2023-11-01 00:09:27 This is the second stage of the “digital euro” rocket, powered by the European Central Bank. After two years of investigation, the preparatory phase for the potential arrival of this cash lining opens this Wednesday, November 1st. On the program: finalization of the drafting of the rules, tests and experiments. “We must prepare … Read more

Strategies for Achieving Price Stability in the European Economy: Insights from Christine Lagarde

2023-07-30 16:00:08 “Our objective is to bring down inflation and as an imperative mandate price stability in the medium term,” says Christine Lagarde. SEBASTIEN SORIANO/Le Figaro EXCLUSIVE INTERVIEW – For the President of the European Central Bank, even if the rise in prices calms down, interest rates will have to remain high for a long … Read more

raises rates by 25 basis points

2023-07-27 17:12:49 The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate to 3.75%. The latest move completes a full year of consecutive rate hikes in the euro … Read more

Central banks monetary policy decision are diverging

2023-06-19 13:03:15 Dollar, yuan, yen and euro notes. Ullstein picture German | Ullstein Image | Getty Images From hawkish pauses to rate hikes and dovish tones, the world’s biggest central banks last week struck very different tones on monetary policy. The European Central Bank on Thursday hiked rates and surprised markets with a worsening inflation … Read more

After the collapse of Credit Suisse and Silicon Valley, banks raise problems between mismanagement and bankruptcy

The successive crises related to banks that the world has witnessed in the past years, the most recent of which is the collapse of Credit Suisse and Silicon Valley banks, with the required government intervention, raises questions about the way banks work, which sometimes poses grave risks to the economy. The giant Swiss bank and … Read more

Banks create unease in financial markets despite reassuring statements

Fear resurfaced in the financial markets where the banking sector continued to lose feathers on Friday despite reassuring statements from politicians regarding the stability of the financial system. In Europe, the places fell by 1.74% in Paris, 1.66% in Frankfurt, 1.26% in London after a first part of the week in the green following the … Read more