Page 4 - Karsten Junius News Today

The European Central Bank is taking a larger interest rate step than America's central bank, the Fed: If inflation in the euro area is more than 8 percent, the monetary watchdogs must continue to act. How are the power relations?

In the euro zone, where inflation reached a peak of 10.6% last year — a record in the history of the single currency — European Central Bank staff received a 4% salary increase for 2023

After a tough 2022, some strategists argue this year could be Europe’s time to shine.

Economic strategists predict that the economy of Europe is in a better position to outperform its US counterpart in 2023.

This week, the Swiss National Bank posted a staggering annual loss of 132 billion Swiss francs last year. This equals around $143 billion and marks the largest loss in its 116-year history. [...]

The central bank took a massive hit on its large pile of foreign currency holdings as the Swiss franc strengthened.

Swiss National Bank Chairman Thomas Jordan said it was too early to "sound the all-clear" on high inflation after the central bank hiked interest rates on Thursday and hinted further increases could

By John Revill and Michael Shields BERN (Reuters) - Swiss National Bank Chairman Thomas Jordan said it was too early to "sound the all-clear" on high ...

By John Revill and Michael Shields

By John Revill and Michael Shields