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ECB, euro and bank payments

ECB fixes outage in multi-trillion-euro payment system

The European Central Bank said late on Thursday it had fixed an unprecedented outage in its payment system which had left transactions likely worth trillions of euros from companies, consumers and investors up in the air for most of the day.

RTE Online · 1d

ECB says payment system is working again after outage

The European Central Bank's said late on Thursday its systems for settling transactions were working again after an outage that had kept them offline for most of the day was fixed.

devdiscourse · 1d

Euro Banking System Shocked by Unprecedented ECB Payment System Outage

The European Central Bank experienced a major breakdown in its payment system, causing delays in transactions and impacting trillions of euros in payments. The malfunction disrupted the Target 2 system,

Reuters on MSN · 1d

Europe shaken as ECB system breakdown delays trillions in payments

Banks encountered difficulties in handling payments on Friday due to an extraordinary, full-day malfunction of the European Central Bank's

ECB to cut rates again on Mar. 6

Hosted on MSN · 4d

ECB Can Keep Cutting Rates as Inflation Approaches Target, Bundesbank’s Nagel Says

The European Central Bank could continue to reduce interest rates as eurozone inflation approaches its target, Bundesbank President Joachim Nagel said.

Reuters · 2d

ECB to cut rates again on March 6 as focus turns to growth: Reuters Poll

The European Central Bank will trim its deposit rate again next week to 2.50%, according to all 82 economists polled by Reuters who expected two further cuts by the middle of this year.

MarketWatch · 1d

French Inflation Cools to Four-Year Low as ECB Prepares to Cut Rates Again -- 2nd Update

The latest data shows inflation is at its lowest level since February 2021, before a series of supply shocks drove it higher across Europe and much of the globe. It also marks the first time since September that annual inflation has fallen in France, and means the rate has remained below the ECB's 2% target for a full half-year.

1don MSN

German inflation stays unchanged at hotter-than-expected 2.8% in February

German annual inflation came in at an unchanged but higher-than-expected 2.8% in February, provisional data from statistics agency Destatis showed Friday. The print is harmonized across the euro area ...

Morningstar4d

ECB Can Keep Cutting Rates as Inflation Approaches Target, Bundesbank's Nagel Says — Update

"Incoming data suggest that we are likely to reach our medium-term target of 2% over ... he said. The ECB's deposit rate, which currently stands at 2.75%, is probably not far from the neutral ...

ECB takes down securities settlement system's interfaces after incident

The European Central Bank has taken down some interfaces of its securities settlement system as it works to resolve an ...

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ECB, euro and bank payments

ECB to cut rates again on Mar. 6

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