All Articles

The Central Bank of Cyprus has unveiled the CBC Blog, a new digital communication platform designed to deepen public understanding of economic developments and the role of central banking. The initiative, according to the bank, is part of a broader strategy to strengthen transparency and improve the flow of information to the public regarding economic conditions and monetary policy. Through this newly established blog, the central bank aims to publish timely, accessible and a

A recent survey conducted by the European Central Bank indicated a modest increase in how consumers perceive past inflation, alongside notable movements in expectations related to inflation, income, growth, housing and credit conditions. According to the ECB, the median rate of inflation perceived by consumers over the previous 12 months edged up to 3.2 per cent, compared with 3.1 per cent recorded in November. At the same time, median expectations for inflation over the comi

Inflation across the euro area has largely been reined in following one of the most intense price surges in recent decades, with the European Central Bank now moving into what it sees as a delicate transition period, according to ECB executive board member Philip Lane. In an interview first published by Italian newspaper La Stampa , Lane said the dramatic rise in inflation during 2021 and 2022 led the ECB to implement an aggressive tightening of monetary policy, a strategy th

Interest rates set by the Bank of England are likely to keep moving lower as inflation appears on track to return to the central bank’s 2 per cent goal sooner than previously expected, according to comments made by policymaker Alan Taylor on Wednesday.   Speaking in prepared remarks for an event at the National University of Singapore, Taylor said the inflation outlook had improved notably compared with earlier projections. “We can now see inflation at target in mid-2026, rat

Inflation in the eurozone returned to the European Central Bank’s 2% target in December, offering reassurance to policymakers as price pressures continue to ease. Eurozone inflation fell to 2% in December, meeting the ECB’s price stability goal and reinforcing indications that the sharp surge in prices seen over recent years is gradually fading. Flash estimates published by Eurostat on Wednesday showed that the annual rate of consumer price growth slowed from 2.1% in November