Governing Council – DIGIT INFO

Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate

Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases of key interest rates are yet to come. ECB Has Some Hikes Left to […]

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Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes in Sight Despite Inflation, but More to Come Before It’s […]

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Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates

The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5% […]

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Digital Euro Project Gets Going as ECB Launches Investigation Phase

After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at a “negligible” cost to the environment, in comparison with bitcoin. Eurosystem Initiates Digital Euro Project The […]

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Australian payments giant Eftpos becomes Hedera node operator

Eftpos has joined Hedera’s governing council after the two entities completed a successful micropayments pilot last year.

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ECB Keeps Subzero Interest Rates and Open-Ended QE Worth €20B a Month But Launches Policy Review

ECB Keeps Subzero Interest Rates and Open-Ended QE Worth €20B a Month But Launches Policy Review The European Central Bank (ECB) has launched an extensive review that will examine a wide range of its policies by the end of this year. Under its new president, Christine Lagarde, the bank will try to establish why its monetary stimulus has failed to achieve the Eurozone’s goal of close to 2% inflation. Sharing few […]

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