SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : World Outlook

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Les H who wrote (45068)2/22/2025 9:58:12 AM
From: Les H  Read Replies (1) of 48884
 
ECB reports another record annual loss, says it may suffer more losses

By Reuters
February 20, 2025

FRANKFURT, Feb 20 (Reuters) - The European Central Bank reported another record annual loss on Thursday and said further, though somewhat smaller, losses were still possible as it pays out billions of euros to banks.
The ECB, which raised interest rates at an unprecedented pace in 2022 and 2023, still has a bloated balance sheet from long-concluded stimulus schemes, and commercial banks now earn hefty interest on the trillions of euros it printed during the era of anaemic inflation.

Reuters
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext