Euro banknotes in circulation rise as war, wildfires and cyberattack fears grow
Concerns about war, wildfires, cyberattacks and other unforeseen events have led to an increase in cash in the eurozone.
Technology
SEB: Riksbank unlikely to raise rates soon after July inflation figures
An interest rate hike from the Swedish Central Bank is still not an option in the near future. That is the assessment made by SEB chief economist Jens Magnusson after July's inflation figures were now confirmed.
Business
EU votes on future euro banknotes, with da Vinci and stork among designs
The ECB has presented ten final designs for the future of euro banknotes. For the first time, European citizens will be able to choose the design of the currency themselves through a public vote, Euronews reports.
Business
ECB pauses interest rate hikes, leaves deposit rate unchanged at 2.25%
The European Central Bank (ECB) is taking a break from interest rate hikes and leaving its key interest rates unchanged. The important so-called deposit rate will remain at 2.25 percent.
Business
German 10-Year Bond Yield Hits Highest Level Since 2011 as Rate Expectations Rise
Inflation concerns in the wake of higher energy prices - as a result of the Iran war - are pushing up market interest rates around the world. In Germany, the yield on ten-year government bonds has risen to 3.20 percent, the highest level since 2011.
Business
ECB Interest Rate Decision Looms as Hormuz Tensions Put Pressure on Inflation Outlook
The European Central Bank (ECB) will release its interest rate decision on Thursday. High energy prices in the euro area are putting heavy pressure on the bank, while the Swedish Riksbank is in a significantly calmer position.
Business
Germany’s inflation falls to 2.4% in June, second estimate confirms
Inflation in Germany fell to 2.4 percent in June, down from 2.7 percent in May, according to a second estimate.
Business
Falling eurozone inflation lowers odds of ECB and Riksbank rate hikes
Good news for highly leveraged households and businesses. Inflation in the eurozone's major economies is falling more than expected. This reduces the likelihood that the ECB and the Swedish Central Bank will have to tighten monetary policy by raising interest rates.
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