ECB chief Lagarde lays out three-part test for rate cuts: Europe’s challenges differ from those in the U.S. — but there are lessons for stateside policy.
axios.com/2024/03/20/ecb-chief-economist-christine-lagarde-rate-cuts
Quick Glance: ECB: Lagarde Emphasizes Data-Dependent Rate Policy
- The European Central Bank (ECB) cannot pre-determine the number of interest rate cuts that will follow even after initiating rate reductions, as this will rely on incoming data, stated ECB President Christine Lagarde on Wednesday.
- Several ECB policymakers are in favor of an initial reduction in interest rates from their current record highs, potentially in June. The current focus of discussion lies in determining the subsequent steps.
- Lagarde aimed to temper speculations by highlighting the necessity of data-driven decisions. She stressed that even after the first rate cut, a fixed rate path cannot be predetermined. Adapting to new information from meeting to meeting is crucial.
- Lagarde outlined the prerequisites for commencing rate cuts: deceleration in wage growth, ongoing decline in inflation, and internal forecasts confirming the return of price growth to the 2% target.
ECB’s Lagarde Tells Euro-Zone Leaders Inflation Slowdown to Continue: The easing in euro-area inflation is expected to persist, thanks to the effectiveness of ...
bloomberg.com/news/articles/2024-03-22/ecb-s-lagarde-tells-euro-zone-leaders-price-slowdown-to-continue
Paid articlePaid
ECB’s Lagarde Says Wages Gaining Importance as Inflation Driver: European Central Bank President Christine Lagarde said rising salaries are becoming an ever-more ...
trib.al/nHxs2En
Quick Glance: Eurozone: Lagarde Forecasts Economic Rebound
- ECB chief expects slow activity in near future but positive outlook for 2024.
- Persistent gloomy economic activity in eurozone post weak 2023.
- Weak economy spans all sectors, indicating continued sluggishness.
- Gradual inflation decrease in 2024 due to wage growth and financing conditions.
ECB trade union says staff feel Lagarde not right person to lead central bank: The trade union representing European Central Bank staff says a majority of ...
reuters.com/markets/europe/ecb-trade-union-says-staff-feel-lagarde-not-right-person-lead-central-bank-2024-01-22/
Quick Glance: ECB Staff Express Discontent with Christine Lagarde's Performance
- Over half of the respondents rated Lagarde's performance as 'very poor' or 'poor'.
- Draghi received significantly better ratings compared to Lagarde.
- The staff expressed concerns about Lagarde's political involvement and focus on personal interests.
- Many employees are worried that the ECB may not be able to fulfill its promise of price stability.
Davos 2024: Javier Milei, Christine Lagarde, Emmanuel Macron Set to Speak: If Tuesday was all about Ukraine’s Volodymyr Zelenskiy, today could be a chance for ...
bloomberg.com/news/articles/2024-01-17/davos-live-global-elite-braces-for-some-argentine-showmanship
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Young boy from Singapore cries after meeting lifeguard from Australian show Bondi Rescue
cnalifestyle.channelnewsasia.com/trending/singapore-boy-cries-meeting-bondi-rescue-lifeguard-382556
Sebastian Kempe qualifies for gold fleet in Adelaide : Sebastian Kempe remains firmly on course for a podium finish at the Oceania and Australian Laser Open and ...
royalgazette.com/sailing/sport/article/20240106/sebastian-kempe-qualifies-for-gold-fleet-in-adelaide/
Australian surfers ‘stoked to be alive’ as they heap praise on Indonesia rescuers
cnn.com/travel/article/australia-surfers-speak-out-rescue-indonesia-intl-hnk/
World's Central Banks Still Need More Women Leading: Women’s representation in the world of finance isn’t a “card” to be played. Ask the leaders already in ...
bloomberg.com/opinion/articles/2023-07-23/world-s-central-banks-still-need-more-women-leading
Morning Bid: Hawkish pause for thought?: A look at the day ahead in European and global markets from Kevin Buckland:
reuters.com/markets/global-markets-view-europe-2023-06-05/
Euro steadies after Lagarde promises rate hike as inflation still too high: The euro held its ground on Thursday, above a two-month low, after European Central ...
thejakartapost.com/business/2023/06/01/euro-steadies-after-lagarde-promises-rate-hike-as-inflation-still-too-high.html
Australia’s Regulators to Meet After Yellen, Lagarde Talks: Australian Treasurer Jim Chalmers has convened a meeting of his nation’s top financial regulators on ...
bloomberg.com/news/articles/2023-03-28/australian-regulators-to-meet-after-talks-with-yellen-lagarde
Birmingham ready to welcome pivotal Commonwealths: Seventy-two teams, 6,500 athletes and officials, 19 sports, a history under debate, a future to be defined - ...
bbc.com/sport/commonwealth-games/62218799
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