Economy

Reuters reveals ECB holds emergency meeting as Fed expected to go big; euro moves half a percent

15 June 2022, 5:57 pm 1 minute

European markets rallied on Wednesday after Reuters revealed the European Central Bank would hold an emergency meeting later that day on the recent bond market sell-off, triggering a rush of activity as investors anticipated new measures to calm fears of a new debt crisis on the euro area’s southern rim. Hours later, the ECB announced fresh support and a new scheme though the measures disappointed some investors looking for bolder steps.

Article Tags

Topics of Interest: Economy

Type: Reuters Best

Sectors: FX & Fixed Income

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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