The OECD has warned that so-called high-frequency indicators are pointing to a slowdown in European economic growth 

Ukraine's decision to stop Russia supplying gas through a pipeline in its territory will add to Europe's energy worries

ECB vice president Luis de Guindos says they may hike rates later this summer

Gas for delivery through the summer was already trading 550% higher than prices of a year ago

Markets now expect at least three rate hikes of 25 basis points before the year is out, possibly starting as early as July

Markets are betting the -0.5% deposit rate could rise as early as July.

"A monetary-policy tightening would not directly affect imported energy and food prices," warned ECB executive board member Fabio Panetta.

The OECD says its analysis shows that if the moves in commodity prices and financial markets seen since the outbreak of the war proved sustained, it could reduce global growth by over 1 percentage point in the first year and push up global inflation by 2.5 percentage points.

ECB president Christine Lagarde has played down fears about eurozone stagflation, despite Russia’s invasion of Ukraine starting to weigh on the economy while further stoking already-record gains in consumer prices.

The move brings even EU residents under heightened scrutiny

The eurozone economy is more exposed than others to the crisis, given its closer links with Russia, including its reliance on oil and gas imports from there

Uncertainty in regard to Ukraine is a factor that markets will have to contend within the coming weeks

But it was not enough to pull the Stoxx-600 up from earlier losses as geopolitical tensions sent investors fleeing from risk

The positive mood in January has been upended by inflation and the continuing Russia-Ukraine crisis

Only two lenders offer a full range of fixed rates for 15 years or more at rates of below 3%

EU projects 4.6% inflation in Ireland this year, 1.1 percentage points higher than that predicted for the eurozone as a whole

ECB says the tests are a chance for the banks and regulator to learn about how vulnerable they are to extreme weather and tougher climate-related laws

Christine Lagarde has refused to rule out raising rates if soaring energy prices continue to affect the eurozone

European banks have been told to assume that real-estate assets most exposed to flood risk could lose almost half their value, as the sector’s resilience to climate change is stress-tested over the coming months.

Gabriel Makhlouf tells KCLR he doesn't expect the ECB to raise rates, but that we must beware second-round effects of inflation

Despite Christine Lagarde's insouciance, the global economy looks like it is shaping up for rampant inflation

The ECB has “every reason” not to respond as forcefully as the US Federal Reserve to soaring consumer prices, according to President Christine Lagarde.

The gap with the rest of the eurozone remains a chasm

Philip Lane's upbeat assessment was questioned by many policymakers, however, in what was an unusually robust debate at an ECB meeting, according to sources.

Federal Reserve believes price hikes and inflation pressures may be here to stay

Eurozone inflation is predicted to be considerably above the ECB’s 2% inflation target and the risks are on the upside as uncertainties remain

Inflation in the 19 countries sharing the euro rose to 4.9%, a year-on-year surge in line with an earlier Eurostat estimate

Nifti joint venture with Autolease comes ahead of the ECB's stress-test of European banks' environmental credentials

Kristalina Georgieva's comments chime with those of the ECB's Christine Lagarde amid the upbeat mood in the eurozone

'A hump eventually declines, and this is what we project for 2022'

Slowing manufacturing and services activity throughout the eurozone and the UK, and only modest improvement in the US, are anticipated 

But the European Commission also predicts that Ireland's economy will grow by 14.6%, the fastest growth rate in Europe

ECB president Christine Lagarde moved on Wednesday to dampen down market bets that the central bank will be forced to hike interest rates as soon as next autumn should energy price hikes and other price inflation threaten to become a permanent fixture

Ms Yellen said inflationary pressures had been fueled by shortages of semiconductors and a rise in energy prices, but energy prices would begin to moderate in the months ahead

With inflation spiking, stoked by supply bottlenecks and rising energy, investors are betting that global momentum for withdrawal of monetary stimulus will soon enough pull the ECB in its wake

There is no reason for the ECB to increase rates between now and the end of 2022 as eurozone inflation is expected to fall back below the ECB's 2% target, Bank of France governor Francois Villeroy de Galhau has said

Natural gas prices are set to soar to record highs in what could be a difficult winter season 

A sustainable housing market needs higher interest rates which we won't see in the current international low-rate environment

Eurozone business growth accelerated at its fastest pace in over three years in May, but ECB president Christine Lagarde said an uncertain recovery still needed emergency support from the ECB.

There are signs of recovery — but Europe's recent double dip recession has left it behind as the US surges ahead

ECB chief economist Philip Lane warned  the eurozone economy will need time to achieve a full recovery despite finally reaching a turning point in the crisis

Withdrawing fiscal support would risk delaying recovery and amplifying long-term scarring effect, she says

Despite central banks' reassurances,  markets fear that rising inflationary pressures could see interest rate hikes commence as early as next year in major economies

European Central Bank may need some time before the recently agreed acceleration in the pace of money printing, part of its efforts to cushion the fallout of the Covid pandemic, becomes apparent, ECB president Christine Lagarde says