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Graphic of Europe

Higher defence demands will pressure government balance sheets, dent confidence, Moody's warns

Illustration and Painting

Central bank's survey finds consumers' income, inflation expectations declining

Eurotower in Frankfurt am Main before sundown

Strong capital markets drive revenues, profits higher in Q4

Euro map

Industry committee to lead technical work on transition to faster settlement

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

Declining liquidity contributed to tighter credit terms, survey finds

U.S. dollar

Resilient U.S. consumers, tariff threats, immigration shifts potentially inflationary

volatility

System remains fragile as growth slows, geopolitical uncertainty rises

climate change

Transition risks alone not severe, but macro shocks could amplify threat to financial system

AI computer

Central bankers launch project to automate extensive price data

digital euro

European regulator says transition will enhance market efficiency, resilience