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Europe news
fromnews.bitcoin.com
3 days ago

Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy

Euro-denominated stablecoins pose financial stability risks because private backing can fail under stress, outweighing potential benefits for euro safe-asset demand and reach.
#eurozone-inflation
#euro
#eurusd
fromFast Company
8 months ago

European Central Bank holds interest rates amid Trump's tariffs

The European Central Bank left interest rates unchanged Thursday with inflation back under control and the economy weathering Trump's tariff onslaught better than expected. The bank's rate-setting council left its benchmark deposit rate unchanged at 2% at a meeting at its skyscraper headquarters in Frankfurt. The focus in Europe has shifted to the fiscal crisis in France and any possible role for the ECB in containing potential market turmoil that could erupt from the country's out-of-control deficit and political logjam.
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