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The Latest Breaking News from ECB

Stocks Extend Slide, Fed Hawks, ECB Hikes, Tesla Sale, Lennar Slump - Five Things To Know

Stock futures slide as Fed hawks tighten grip; Powell pours cold water on easing hopes, says more hikes to come; ECB, Bank of England set to follow fed with 50 basis point rate hikes; Tesla extends slump as Musk dumps another $3.6 billion stake and Lennar shares retreat on softer…

The Street

European Central Bank expected to slow pace of rate hikes

The European Central Bank could slow its record pace of interest rate increases

The Independent UK

Bank of England’s Bailey sees ‘first glimmer’ of inflation easing, after lifting interest rates to 3.5% – business live

Bank of England says most housing market indicators have continued to soften, as it increases UK interest rates to 14-year high of 3.5% in split decision

The Guardian - UK

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ECB tipped to follow Fed with smaller rate hike

Frankfurt (Germany) (AFP) - The European Central Bank is expected to follow the US Federal Reserve's lead on Thursday and opt for a smaller interest rate hike, analysts said, on signs that red-hot inflation is finally easing.

AFP

Interest-Rate Paths for U.S. and Europe Set to Diverge

The Federal Reserve's aggressive campaign against high inflation dominated global financial markets this year. Starting this week, the action shifts to Europe, where inflation could prove stickier and harder to tame. That shift is likely to reverse some of the key market dynamics of 2022, most significantly a superstrong dollar.

Bangkok Post

Azeem Rafiq accuses ECB of being in denial on racism in cricket

Azeem Rafiq has accused the ECB of actively attempting to discredit him and criticised cricket’s governing body for a lack of action

The Guardian - UK

Five reasons why interest rates can't go much higher

It’s decision time for central banks on interest rates again. The US Federal Reserve and European Central Bank (ECB) are set to announce their latest decisions on Wednesday 14, while the Bank of England (BoE) will go a day later.

The Conversation

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Azeem Rafiq reveals ‘abuse, threats and attacks’ since racism testimony: ‘We’ve been driven out of the country’

Former cricketer Azeem Rafiq has detailed the shocking “abuse, threats and attacks” aimed at him and his family in the year since his harrowing testimony on racism in the game, telling of how he has been “driven out of the country” over fears for his safety.

Evening Standard

Cricket "in denial" over racism says Azeem Rafiq as Yorkshire chair slams ECB process

Yorkshire chair Lord Patel and former player Azeem Rafiq spoke to the Digital, Culture, Media and Sport select committee about racism within cricket

Daily Mirror

Azeem Rafiq: ‘Nothing’s changed, except I’ve been driven out of the country’

The former Yorkshire bowler appeared before the DCMS committee on Tuesday and highlighted the abuse he and his family have faced since he gave evidence last year

The Independent UK

'Cricket still in denial' says Rafiq after racism scandal

London (AFP) - Azeem Rafiq claims cricket is still "in denial" over the racism scandal that forced the former Yorkshire spinner to leave England after he lifted the lid on abuse in the domestic game.

AFP

Nothing’s changed, except I’ve been driven out of the country, says Azeem Rafiq

The former Yorkshire bowler first appeared before the DCMS committee in November 2021.

The Independent UK

Yorkshire chair Lord Kamlesh Patel felt a lack of support from the ECB

Lord Patel was appearing before the Digital, Culture, Media and Sport select committee on Tuesday morning

The Independent UK

Yorkshire chairman Lord Kamlesh Patel felt a lack of support from the ECB

Lord Patel was appearing before the Digital, Culture, Media and Sport select committee on Tuesday morning.

The Independent UK

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AFP

ECB mulls rate hike slowdown on 'peak inflation' hopes

Frankfurt (Germany) (AFP) - Growing hopes that the eurozone's red-hot inflation is nearing its peak could prompt European Central Bank policymakers to opt for a smaller rate hike on Thursday, observers said.

Daily Mirror

England star Liam Livingstone ruled out of Pakistan tour with knee injury

Lancashire all rounder Liam Livingstone jarred his knee while fielding on day two in Rawalpindi and now his tour is over, with England not planning to call up a replacement

Daily Mirror

ECB chief insists The Hundred is worth 'a lot more than £1bn' in IPL comparison

Richard Thompson has confirmed the ECB received an offer to invest in The Hundred and claimed the tournament is worth "more" than £1bn after one of the new IPL franchises was bought for $940m last year

The Independent UK

The Hundred would cost ‘a few billion’ to buy, ECB chair Richard Thompson claims

It has been suggested private equity company Bridgepoint Group had made a £400million offer for 75 per cent of the tournament

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AFP

Eurozone unemployment drops to record low

Brussels (AFP) - Unemployment in the eurozone has dropped to a record low, at 6.5 percent in October, the EU's Eurostat statistics office said Thursday.

The Guardian - AU

Historic Pakistan Test to go ahead despite virus striking England players

England’s first Test in Pakistan in 17 years almost derailed by virus but the ECB have confirmed they have enough players to field an XI

AFP

First Pakistan-England Test to go ahead despite virus scare

Rawalpindi (Pakistan) (AFP) - The first Test between Pakistan and England will start as scheduled in Rawalpindi on Thursday morning after the visitors said they can field a fit side despite a virus scare.

The Guardian - US

Federal Reserve to slow interest rate rises as it tackles 40-year inflation high

Jerome Powell warned there ‘was more ground to cover’ and rates would stay higher for an extended period

The Guardian - UK

ECB says bitcoin is on ‘road to irrelevance’ amid crypto collapse

European Bank criticises digital currency sector for facilitating illegal activity

AFP

Stocks diverge ahead of next Fed rate signal

London (AFP) - Stock markets fluctuated on Wednesday as eurozone inflation slowed for the first time in 17 months and investors awaited fresh signals about the US central bank's interest rate plans.

The Guardian - UK

Leaking luggage, Minder and a £1,000 bonus: memories of touring Pakistan

A Test series in Pakistan is always an experience. I’ve been present for three of the previous four tours so I’m conditioned for the odd surprise

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