Ruble Is Elephant In Room as Russia Invokes Inflation Threat

Russia’s central bank Governor Elvira Nabiullina cited the threat of inflation as she warned future interest-rate cuts would be smaller and fewer. Economists see a different reason: the ruble.

French Economy To Benefit From Weaker Euro, Favorable External Environment

The Bank of France sees strong economic growth this year as it gain strength from a favorable international environment and the weaker euro.

German inflation creeps higher in April: data

Frankfurt (AFP) - Inflation in Germany, Europe's biggest economy, crept higher in April with consumer prices rising by 0.4 percent year-on-year, preliminary data showed on Wednesday.

Eurozone Economy Grows for 22nd Straight Month, Report Shows

PARIS — The eurozone economy expanded for a 22nd consecutive month in April, a private sector report showed on Thursday, but the modest pace of growth disappointed some analysts looking for more vigor resulting from the European Central Bank’s bond-buying program.

Bank of England committee unanimous on holding rates

Bank of England policymakers voted unanimously to hold interest rates at their current historic low of 0.5% again in April, the minutes of the latest meeting show.

Mortgage demand surges as optimism about UK economy reaches 13-year high

Britons enter the five-week election campaign more upbeat about the economy than at any time in almost 13 years, according to the latest snapshot of confidence from the polling organisation Gfk.

ECB's Mario Draghi says risk of deflation higher than a year ago: Report

Jan 14 (Reuters) - There is a higher risk of deflation in the euro zone now than a year ago, European Central Bank President Mario Draghi told German weekly Die Zeit in an interview.

Poland's Belka concerned zloty will rise against euro

(Reuters) - Polish central bank head Marek Belka is worried that the zloty will rise against the euro, a move that would hamper business and could affect interest rate policy, he told Reuters on Monday.

Euro falls against the dollar after ECB expands asset purchases

NEW YORK (MarketWatch) — The euro extended its losses against the dollar Friday after the European Central Bank began purchasing asset-backed securities, expanding its quantitative easing regimen as inflation expectations for the eurozone continued to dim.

Poland Holds Main Rate in Surprise as Outlook Improves

Poland’s central bank left its main interest rate unchanged today, surprising analysts and suggesting its economic outlook has improved after last month’s bigger-than-expected reduction.

Euro zone inflation edges up to dim chance of new ECB action

(Reuters) - Inflation in the 18 countries sharing the euro edged up slightly in October, reinforcing the view that the European Central Bank will hold fire on any additional policy action at its meeting next week.

ECB covered bond buying plan starts with a whimper

(Reuters) - The European Central Bank spent 1.704 billion euros last week on covered bonds under a new purchase program with which it hopes to foster lending to businesses and thereby support the euro zone economy.

ECB can use new banking knowledge in rate setting: Constancio

(Reuters) - European Central Bank policymakers will be able to use the information they gain from their new banking supervisory powers in the traditional monetary policy side of their jobs, ECB Vice President Vitor Constancio said on Monday.

Surprise inflation fall may put interest rate rise on hold

The prospects of an interest rate rise in the next few months have dimmed after inflation fell to a five-year low last month. Official figures showed inflation dropped to 1.2% in September from 1.5% in August as food and fuel prices fell.

Poll: Poland seen cutting rates by 25 bps in October

(Reuters) - Poland is likely to cut interest rates by 25 basis points next week to a new all-time low and reduce them by a further 50 points by the end of the first quarter of 2015, according to a Reuters poll.

Debt forgiveness could ease eurozone woes

The eurozone debt crisis never went away. It merely acquired a misleading veneer of resolution thanks to grand promises, political chest-thumping and frazzled financial markets that were desperate to believe in happily ever after.

ECB's plans to revive bank lending leave economists unconvinced: Reuters poll

(Reuters) - Bank lending to private euro zone businesses needs to grow at a 3 percent annual rate on a sustained basis in order to stir inflation, according a Reuters poll of economists who say that is not likely to happen.

Draghi Says ECB Actively Managing Balance Sheet

The European Central Bank will actively manage its balance sheet and is willing to implement more stimulus if required to stave off the threat of deflation in the euro area, ECB President Mario Draghi said.

Banks repay loans to ECB after fresh offer of cheaper credit

FRANKFURT, Sept 19 (Reuters) - European Central Bank plans to bolster lending to business were dealt another setback on Friday after banks decided to repay billions of euros of cheap ECB credit, sapping money available to lend to business.

ECB's Praet warns against reading too much into low take-up of TLTROs

(Reuters) - European Central Bank Executive Board member Peter Praet warned on Thursday against reading too much into the low take-up of the first round of four-year ECB loans, stressing that they are part of a broader policy package.