Zoe Schneeweiss

Six countries have placed bids for the vice presidency of the European Central Bank, putting nations from the euro area’s periphery in competition for one of the region’s key economic posts.

Trump’s second big shock to the world economy since he returned to the White House looks increasingly likely to force central banks into a new round of tightening.

Swiss National Bank President Martin Schlegel said cutting borrowing costs below zero is a more significant move than a reduction above that level, according to an interview in Neue Zuercher Zeitung.

European Central Bank Vice President Luis de Guindos rejected the idea of returning to Spanish politics once his term ends in May.

The probability that the European Central Bank will need to raise borrowing costs due to the Iran war is rising, according to Bundesbank President Joachim Nagel.

Governing Council member Yannis Stournaras warned that the European Central Bank could be forced to hike borrowing costs if the price of oil maintains its current level, according to Athens News Agency.

A small European Central Bank interest-rate increase could temper inflation without causing economic damage, Governing Council member Yannis Stournaras told Liberal.gr.

Swiss voters will decide in September if the country should strengthen its commitment to neutrality, a measure that would limit the government’s ability to impose economic sanctions.

Switzerland’s economy grew slightly less than initially reported in the first quarter, weighed down by stalling consumer demand and a drop in investment.

The European Central Bank will need to raise borrowing costs again, the International Monetary Fund said just hours after officials in Frankfurt delivered a quarter-point hike.