The European Central Bank’s digital euro effort is reportedly facing pushback from banks and lawmakers. The central bank hopes to roll out the digital currency by 2029, with a hearing scheduled for Wednesday (Nov. 5) on the project. But as the Financial Times (FT) reported, a group of 14 banks issued a statement ahead of that hearing warning that a digital euro could subvert private-sector payment systems. These banks last year launched Wero, a digital wallet designed to function as a rival...| PYMNTS.com
Every month, the ECB publishes a new snapshot of the interest rates in the euro area. How are the rates broken down and how did they evolve over the last year?| Market Unpack
Every month, the ECB publishes a report on recent monetary developments. Let's break the last one down and see what we can glean from it.| Market Unpack
The ECB publishes an Economic Bulletin every four to eight weeks. Along with the press releases, meeting notes, and speeches, it's one of the main ways the ECB communicates. Let's see what's in it.| Market Unpack
“Higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.” This is how on the 5th of November 2010 the almighty Ben Bernanke himself was...| JustDario
Throughout 2023, the yields on Italian 10-year Treasury Bonds have been trading at above 4%. Only last summer, they were 0.6%. When they began approaching 4% last December, the financial markets th…| I-System Trend Following
