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European Central Bank
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Summary
location iconFrankfurt, Germany
website
company sizeCompany size: 1001-5000

The European Central Bank is the central bank for the 19 European Union countries using the euro currency. The European Central Bank's primary focus is to maintain price stability, contribute to the safety of the banking system, develop and issue euro banknotes, maintain financial infrastructure and preserve financial stability.

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European Central Bank - Recent News & Articles

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inf...

Source: CNBC
Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions

The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity chal...

Source: PYMNTS
FOMC Minutes: "appropriate to move gradually toward a more neutral stance"

From the Fed: Minutes of the Federal Open Market Committee, November 6–7, 2024. In their discussion of financial stability, participants who commented...

US Bitcoin reserve during Trump presidency could pump BTC to $1M

A Bitcoin-related bill is gaining support in the United States, signaling a potential boost for the cryptocurrency’s value, which could hit $1 million...

How is private credit weathering its first big rate hiking cycle?

Interest rates are coming down, but only after one of the most brutal monetary tightening periods in modern history. And they’re probably coming down ...

Credit card debt hits record $1.17 trillion, New York Fed research shows

Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Ba...

Source: CNBC
Buy now, pay later provider Klarna says it filed confidentially for U.S. IPO

Klarna, which is known for its popular buy now, pay later business, said Wednesday it has confidentially filed IPO documents with the SEC. Analysts re...

Source: CNBC
Cross-Border Payments Could Further Enable APP Fraud, Says Payments Association Study

Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement an...

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FTX Sues Anthony Scaramucci to Recover Creditor Funds

FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. The suit was one of several filed by the ba...

Source: PYMNTS
Transak gains Delaware Money Transmitter License and FINTRAC registration

Transak has received its second Money Transmitter License (MTL) from the US state of Delaware, while also gaining registration with the Financial Tran...

Source: Finextra