Central Banks / Central Bank Events

German economy is recovering from pandemic slump, Bundesbank data shows

German economy is recovering from pandemic slump, Bundesbank data shows

Published 13/07/2020

FRANKFURT (Reuters) - The German economy is rebounding from a pandemic-induced slump after hitting bottom last month, a real-time indicator developed by the country’s central [more…]

India’s June retail inflation picks up after easing of lockdown

India’s June retail inflation picks up after easing of lockdown

Published 13/07/2020

NEW DELHI (Reuters) - India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the [more…]

Balance of risk now more favourable for euro economy – ECB’s Knot

Balance of risk now more favourable for euro economy – ECB’s Knot

Published 03/07/2020

AMSTERDAM (Reuters) - The risk of a deeper economic euro zone recession than predicted in the European Central Bank’s (ECB) baseline scenario has diminished, ECB [more…]

EU banks to take on Visa, Mastercard with new payments system

EU banks to take on Visa, Mastercard with new payments system

Published 02/07/2020

LONDON/PARIS (Reuters) - Sixteen banks from Germany, France and three other euro zone countries on Thursday said a “truly European” payments system was expected to [more…]

ECB lowers bar for bank mergers in hope of spurring consolidation

ECB lowers bar for bank mergers in hope of spurring consolidation

Published 01/07/2020

FRANKFURT (Reuters) - The European Central Bank is lowering the bar for bank mergers in the euro zone, hoping to encourage an elusive wave of [more…]

Saudi central bank governor calls for more lending from commercial banks

Saudi central bank governor calls for more lending from commercial banks

Published 30/06/2020

DUBAI (Reuters) - Saudi Arabia’s central bank governor said it was encouraging commercial banks to lend more to sustain businesses during the coronavirus crisis. Saudi [more…]

Fed’s offered flood of credit so far just a trickle in practice

Fed’s offered flood of credit so far just a trickle in practice

Published 30/06/2020

(Reuters) - The Federal Reserve’s promise in the early days of the coronavirus pandemic to flood the U.S. economy with trillions of dollars seemed like [more…]

More Britons take a bet on bitcoin

More Britons take a bet on bitcoin

Published 30/06/2020

LONDON (Reuters) - The number of people in Britain buying cryptoassets like bitcoin BTC=BTSP and ether has more than doubled over the past year, but [more…]

New rules may be needed for payments in wake of Wirecard, BIS boss says

New rules may be needed for payments in wake of Wirecard, BIS boss says

Published 30/06/2020

LONDON (Reuters) - More joined up rules may be needed across the payments sector after the collapse of Germany’s Wirecard AG, Bank for International Settlements [more…]

Exclusive: Germany missed chances to put Wirecard on watchlist, source says

Exclusive: Germany missed chances to put Wirecard on watchlist, source says

Published 30/06/2020

FRANKFURT (Reuters) - German regulators twice looked into tightening the supervision of collapsed payments firm Wirecard and discussed it with the German and European central [more…]