Wednesday 29 June, 2022
The European Court of Justice warns the decision could jeopardise EU legal unity.
The ECB cut a key interest rate to a new record low for the region today.
The housing market, the fallout from the UK election and the situation in the Middle East are all on the government’s radar.
What would you spend the money on?
The currency has already hit a new 12-year low today.
The currency is headed towards equal footing with the US dollar.
The European Central Bank’s €1.1 trillion QE plan starts today.
The ECB will start its €1.1 trillion spending programme on Monday and that’s hitting the currency hard.
This was the week in business.
The central bank has finally announced its long-awaited money-creation programme.
Something big happened today…
An advisor to the EU’s top court has cleared a controversial bond-buying scheme.
There will be no new ECB spending spree this month – despite growth forecasts being slashed.
SME and non-financial corporate lending is the main target of today’s package of measures, with the ECB also cutting inflation expectations.
Analysts were not surprised by the move which essentially amounts to so-called quantitative easing.
The glamour model said that her Twitter account had not been hacked as she gave her take on world economic affairs this afternoon.
The price of a barrel has risen above $86 – just as the western world needs extra home heating.
The American central bank announces it will buy back $600bn of outstanding US bonds to lift the cash supply.
