ECB cannot commit to rate path even after first cut, Lagarde says: The European Central Bank cannot commit to a pre-set number of interest rate cuts even after ...
reut.rs/3ILey2g
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 vs. Fed: “We act independently” - Does the ECB risk going it alone?: Bundesbank boss Nagel and ECB boss Lagarde distance themselves from the actions of the ...
handelsblatt.com/finanzen/geldpolitik/ezb-vs-fed-wir-handeln-unabhaengig-riskiert-die-ezb-den-alleingang/100025632.html
ECB’s Centeno Says Policy Will React to Retreat in Inflation: The European Central Bank must — and will — act as inflation retreats toward its 2% target ...
bloomberg.com/news/articles/2024-03-22/ecb-s-centeno-says-policy-will-react-to-retreat-in-inflation
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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
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Longines launches its HydroConquest GMT in a new size: The popular Longines HydroConquest GMT models are now also available with a larger case diameter.
gq-magazin.de/artikel/longines-lanciert-seine-hydroconquest-gmt-in-neuer-groesse
European workers missed out on corporate 'inflation-busting' 2023 profits as real wages kept sliding
euractiv.com/section/economy-jobs/news/european-workers-missed-out-on-corporate-inflation-busting-2023-profits-as-real-wages-kept-sliding/
Central bankers conference: The end of the inflation wave in sight: At the conference “The ECB and Its Watchers” many central bank celebrities discussed whether ...
faz.net/aktuell/finanzen/ezb-konferenz-das-ende-der-inflationswelle-in-sicht-19600328.html
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Major Central Banks of the World: Who Will Cut Interest Rates First?: Japan's departure from negative interest rates is drawing attention to the other central ...
faz.net/aktuell/finanzen/finanzmarkt/zentralbanken-wann-kommen-erste-zinssenkungen-19597312.html
More than Lagarde and Powell: SNB boss Jordan receives an annual salary of 1.1 million euros
diepresse.com/18288190/mehr-als-lagarde-und-powell-snb-chef-jordan-kassiert-11-millionen-euro-jahresgehalt
ECB Unveils Policy Revamp, Locking In Floor System for Rates: The European Central Bank presented a new framework for how it implements monetary policy ...
bloomberg.com/news/articles/2024-03-13/ecb-unveils-policy-revamp-maintaining-floor-system-for-rates
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Fight against inflation: ECB leaves key interest rate untouched: The euro currency watchdogs remain on course. Although inflation is slowly falling ...
spiegel.de/wirtschaft/inflation-ezb-laesst-leitzins-unangetastet-a-8c7e069f-e0c2-45a3-919f-f25874b2a2ec
Quick Glance: ECB Keeps Rates Stable: Inflation at 2% by 2025
- The European Central Bank (ECB) kept its benchmark interest rates steady in March, anticipating a further decline in inflation. Price pressures are expected to reach the target of 2% by 2025.
- The latest ECB staff projections suggest that inflation is projected to average 2.3% in 2024, followed by 2.0% in 2025 and 1.9% in 2026. Despite easing measures of core inflation, persistent domestic price pressures remain, partly due to strong wage growth.
- The ECB reiterated its data-dependent approach, intending to evaluate economic data to determine the appropriate path of its policies. Market reactions to the new ECB staff projections saw a weakening of the euro against the dollar and a decrease in sovereign bond yields across the eurozone.
- European equity indices surged, driven by heightened expectations of rate cuts following the updated ECB staff projections. Investors are eagerly anticipating statements from ECB President Lagarde, scheduled to commence at 14:45 CET.
Russian Cup: Lokomotiv eliminated from the competition, Nair Tiknizyan - the author of the goal (video) | NEWS.am Sport - All about sports
sport.news.am/eng/news/148239/russian-cup-lokomotiv-eliminated-from-the-competition-nair-tiknizyan---the-author-of-the-goal-video.html
The ECB won’t necessarily lower interest rates at every meeting once cuts commence, Governing Council member Martins Kazaks says trib.al/KO0NHwm
The Fear of Going First in Shadow of the Fed: I’m Craig Stirling, a senior editor in Frankfurt. Today we’re looking at the ECB’s interest-rate outlook ...
bloomberg.com/news/newsletters/2024-03-08/the-fear-of-going-first-in-shadow-of-the-fed
Monetary policy: ECB and markets are getting closer: Monetary policy is currently seen as the dominant factor on the stock markets. This impression solidified ...
handelsblatt.com/finanzen/maerkte/geldpolitik-ezb-und-maerkte-naehern-sich-an/100020867.html
European Central Bank President Christine Lagarde hinted she may lower borrowing costs in June. That could make her the first major central banker to ease ... Show more
Fight against inflation: ECB leaves key interest rate untouched: The euro currency watchdogs remain on course. Although inflation is slowly falling ...
spiegel.de/wirtschaft/inflation-ezb-laesst-leitzins-unangetastet-a-8c7e069f-e0c2-45a3-919f-f25874b2a2ec
Quick Glance: ECB Keeps Rates Stable: Inflation at 2% by 2025
- The European Central Bank (ECB) kept its benchmark interest rates steady in March, anticipating a further decline in inflation. Price pressures are expected to reach the target of 2% by 2025.
- The latest ECB staff projections suggest that inflation is projected to average 2.3% in 2024, followed by 2.0% in 2025 and 1.9% in 2026. Despite easing measures of core inflation, persistent domestic price pressures remain, partly due to strong wage growth.
- The ECB reiterated its data-dependent approach, intending to evaluate economic data to determine the appropriate path of its policies. Market reactions to the new ECB staff projections saw a weakening of the euro against the dollar and a decrease in sovereign bond yields across the eurozone.
- European equity indices surged, driven by heightened expectations of rate cuts following the updated ECB staff projections. Investors are eagerly anticipating statements from ECB President Lagarde, scheduled to commence at 14:45 CET.
ECB needs more data but inflation going in right direction: Lagarde
reut.rs/4bHisGD
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.
Contradictory signals:When will interest rates fall? A ping-pong around the turnaround
kleinezeitung.at/wirtschaft/18166249/ping-pong-rund-um-die-zinsen
Powell Says Fed Is 'Not Far' From Confidence to Cut Interest Rates: Federal Reserve Chair Jerome Powell suggested the central bank is getting close to ...
bloomberg.com/news/articles/2024-03-07/powell-says-fed-not-far-from-confidence-needed-to-cut-rates
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ECB Interest Rates Held as Weaker Inflation Raises Prospect of Cuts: The European Central Bank left interest rates unchanged for a fourth meeting as a softer ...
bloomberg.com/news/articles/2024-03-07/ecb-interest-rates-held-as-weaker-inflation-raises-prospect-of-cuts
The Weekly Fix: Markets Can’t Call the ECB-Fed Rate Cut Race: Welcome to the Weekly Fix, the newsletter that tries to make sense of economic targets ...
bloomberg.com/news/newsletters/2024-03-08/the-weekly-fix-markets-can-t-call-the-ecb-fed-rate-cut-race
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ECB on Hold But Forecasts to Boost Case for Cuts: Decision Guide: The European Central Bank is set to keep borrowing costs steady for a fourth meeting ...
bloomberg.com/news/articles/2024-03-07/ecb-on-hold-but-forecasts-to-boost-case-for-cuts-decision-guide
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Cuts Ahoy: The Bloomberg Open, Asia Edition: Good morning. Powell and Lagarde sound dovish. China probes lenders over bond speculation ...
bloomberg.com/news/newsletters/2024-03-07/cuts-ahoy-the-bloomberg-open-asia-edition
In Sight: The Bloomberg Close, Europe Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-03-07/in-sight-the-bloomberg-close-europe-edition
European Central Bank policymakers on Thursday lowered their annual inflation and growth forecasts, as they confirmed a widely expected hold of interest rates ... Show more
Why ECB and Bundesbank Leaders Are No Longer Keeping Out of Politics: Policymakers more accustomed to fighting inflation are now finding themselves staring down ...
bloomberg.com/news/articles/2024-02-28/why-ecb-and-bundesbank-leaders-are-no-longer-keeping-out-of-politics
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ECB to hold rates again, awaiting clearer signs on inflation: The European Central Bank is expected to freeze interest rates again this week ...
euractiv.com/section/economy-jobs/news/ecb-to-hold-rates-again-awaiting-clearer-signs-on-inflation/
ECB interest rate meeting on Thursday: The first interest rate cut is getting closer
faz.net/aktuell/finanzen/die-erste-zinssenkung-kommt-naeher-maerz-zinssitzung-des-ezb-rats-19562531.html
The day on the stock market: After Powell and Lagarde: Dax on course for a new record
faz.net/aktuell/wirtschaft/weder-powell-noch-lagarde-daempfen-den-aktienmarkt-19570332.html
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ECB Official's Climate Comments Face Criticism from Staff Committee: European Central Bank staff said they were “shocked” by remarks by one of the ...
bloomberg.com/news/articles/2024-03-05/ecb-official-s-climate-comments-draw-rebuke-from-staff-committee
How do you feel about the climate?: Eco-attitude test at the ECB: Is the ECB allowed to test what a new employee has to do with climate change during a job ...
faz.net/aktuell/finanzen/oeko-gesinnungspruefung-bei-der-ezb-19567827.html
Comment: Monetary policy is overrated: Central banks did not trigger inflation, nor are they responsible for its decline.
handelsblatt.com/meinung/kommentare/kommentar-geldpolitik-wird-ueberschaetzt/100020605.html
Monetary policy: What matters at today's ECB meeting: There are increasing signs of a turnaround in interest rates in June. The financial markets today are ...
handelsblatt.com/finanzen/maerkte/geldpolitik-worauf-es-bei-der-ezb-sitzung-heute-ankommt/100018779.html
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Economist Malmendier on the crisis: "Too little work is being done at all levels of society"
spiegel.de/wirtschaft/ulrike-malmendier-zur-krise-der-wirtschaft-es-wird-auf-allen-ebenen-der-gesellschaft-zu-wenig-gearbeitet-a-d5a9585f-66bc-47b0-a66e-0de4bfedacfb
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ECB staff push back against ‘authoritarian’ climate views: Aggrieved employees claim the organisation’s green stance undermines principles of diversity and ...
euronews.com/business/2024/03/06/ecb-staff-push-back-against-authoritarian-climate-views
EU Lawmakers Warn ECB Risks Credibility If Inflation Isn’t Tamed
bloomberg.com/news/articles/2024-02-27/eu-lawmakers-warn-ecb-risks-credibility-if-inflation-isn-t-tamed
Audrey Kovatsch surprised by her own success: Artistic swimmer Audrey Kovatsch (SC Flös Buchs) secures bronze in the solo competition at the Masters World ...
wundo.ch/artikel/audrey-kovatsch-vom-eigenem-erfolg-ueberrascht/
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World Trade Organization: Rockstar of world trade: Ngozi Okonjo-Iweala shakes up the World Trade Organization in Geneva. The resolute economist demands a lot ...
faz.net/aktuell/wirtschaft/unternehmen/wto-chefin-okonjo-iweala-rockstar-des-welthandels-19547208.html
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Lagarde says Trump represents ‘a threat’ to Europe: ECB president’s words encapsulate rising anxiety among EU leaders about US election
ft.com/content/a092a2c7-bc36-407b-81a4-907532b6617d
ECB staff say Christine Lagarde doing poor job as president, union survey finds: The results contrast with high marks given to predecessors Mario Draghi and ...
ft.com/content/2a9aeda6-7726-4070-bf06-ec93a1a1b1a4
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.
Developments on the stock markets: Investors are keeping an eye on the ECB interest rate decision
faz.net/aktuell/finanzen/boersenwoche-ezb-zinsentscheid-im-fokus-19558051.html
After a questionable jury rating: Alexandri protest rejected at the World Swimming Championships
diepresse.com/18081632/nach-fragwuerdiger-jurywertung-alexandri-protest-bei-schwimm-wm-abgelehnt
World Champion in artistic swimming, the stunning Evangelia Plataniotis 🥇
Congratulations Evangelia Platanioti on your career highlight winning the gold medal ... Show more
Eurozone inflation drops to lowest in 2 years, spurring talk of ECB rate cut: The eurozone’s core inflation rate dropped to its lowest level in nearly two years ...
euractiv.com/section/economy-jobs/news/eurozone-inflation-drops-to-lowest-in-2-years-spurring-talks-on-ecb-rate-cut/
Top ECB official: Don’t expect serious rate-cut debate before June: Fear of losing credibility is influencing policymakers to err on the side of caution.
politico.eu/article/ecbs-holzmann-dont-expect-serious-rate-cut-debate-before-june/
Lagarde sees more disinflation but seeks proof of return to 2%: Exclusive reporting on Munster, national and international business news and how it impacts ...
irishexaminer.com/business/economy/arid-41340407.html
Lagarde Sees More Disinflation But Seeks Proof of Return to 2%: European Central Bank President Christine Lagarde said the retreat in inflation in the euro zone ...
trib.al/oayNZsB
Real incomes squeezed as wage growth fails to keep up with rising prices: Average weekly earnings across the whole economy for private and public employers rose ...
irishexaminer.com/business/economy/arid-41341217.html
After almost 40 hours: Protest in synchronized swimming continues, nerves are on edge | Tiroler Tageszeitung Online
tt.com/artikel/30875569/nach-fast-40-stunden-protest-im-synchronschwimmen-laeuft-weiter-nerven-liegen-blank
ECB’s Lagarde Says Wage Numbers Encouraging, More Data Needed: The latest euro-area labor compensation numbers are reassuring, though the European Central Bank ...
trib.al/JazyPXl
Athletes welcome plans to bring more major international sporting events to Singapore
channelnewsasia.com/singapore/budget-2024-team-singapore-sports-national-athletes-major-international-sporting-competitions-world-aquatic-championships-4148951
Europe should brace for ‘harsh decisions’ if Trump is re-elected, says ECB’s Lagarde
cnn.com/2024/01/30/business/lagarde-trump-europe-economy/
Christine Lagarde: New wage data is encouraging, but ECB needs more convincing on inflation
businesspost.ie/news/lagarde-new-wage-data-is-encouraging-but-ecb-needs-more-convincing-on-inflation/
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ECB slides to €1.3B net loss in 2023: The central bank stressed that the loss “has no impact on its ability to conduct effective monetary policy.”
politico.eu/article/4313958/
Financial markets are jonesing for interest rate cuts. Not so fast, says the European Central Bank
apnews.com/article/european-central-bank-interest-rate-cuts-inflation-83d6fd2d5d6f3397d67ed6f0d7a5f224
ECB Says Euro-Zone Wage Growth Slowed in Fourth Quarter
bloomberg.com/news/articles/2024-02-20/ecb-says-euro-zone-wage-growth-slowed-in-fourth-quarter
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Europe cuts 2024 growth outlook, ECB's Lagarde calls for revamp of German model: The European Commission cut its growth outlook for both Europe and the eurozone ...
euractiv.com/section/economy-jobs/news/europe-cuts-2024-growth-outlook-ecbs-lagarde-calls-for-revamp-of-german-model/
Lagarde’s Trump Warning Paves Way for EU Capital Markets Drive: Engulfed in a prolonged economic slowdown and facing the prospect of Donald Trump returning to ...
bloomberg.com/news/articles/2024-02-17/lagarde-s-trump-warning-paves-way-for-eu-capital-markets-drive
ECB Turns Up Temperature in Rate Debate as Lagarde Urges Caution: The debate around when the European Central Bank should begin lowering interest rates is ...
bloomberg.com/news/articles/2024-02-16/ecb-turns-up-temperature-in-rate-debate-as-lagarde-urges-caution
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ECB’s Scicluna Open to March Cut With Inflation Trending Down: The European Central Bank should acknowledge that inflation is retreating, stop making excuses and ...
bloomberg.com/news/articles/2024-02-15/ecb-s-scicluna-open-to-march-cut-with-inflation-trending-down
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World Economy Latest: Forecasting Fails: I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at Katia Dmitrieva’s reporting on ...
bloomberg.com/news/newsletters/2024-02-15/world-economy-latest-forecasting-fails
Davos 2024: A New Phase in the Global Economy: In 2024, at the Davos World Economic Forum, global leaders discussed the current state of the world's economy ...
riotimesonline.com/davos-2024-a-new-phase-in-the-global-economy/
Economics is a tribal discipline, and Lagarde now wants to be part of the club: Tribalism is not only ubiquitous in economics — it is absolutely essential for ...
euractiv.com/section/economy-jobs/news/economics-is-a-tribal-discipline-and-lagarde-now-wants-to-be-part-of-the-club/
ECB keeps rates high, despite flagging economy: The ECB keeps rates high despite flagging economy, citing expected wage growth as a potential inflation driver.
euobserver.com/green-economy/158090
Interest rate hopes: Dax shoots to new record high: The DAX continues its record hunt, driven by speculation about falling interest rates ...
fr.de/wirtschaft/dax-schiesst-auf-neues-rekordhoch-zr-92833857.html
UK inflation lower than expected: Consumer prices in the United Kingdom stood at 4 percent in January, unchanged from December and defying expectations of a ...
politico.eu/article/united-kingdom-inflation-lower-than-expected/
Nato, defence summit, and UNRWA in focus This WEEK: Nato defence ministers will meet this week ahead of the Munich Security Conference. ECB chief Christine ...
euobserver.com/agenda/158063
It should happen soon: Lagarde gives date for interest rate cuts: The financial markets are still expecting the European Central Bank to begin turning its ...
n-tv.de/wirtschaft/Lagarde-nennt-Datum-fuer-Zinssenkungen-article24668310.html
Quick Glance: ECB May Implement Summer Rate Cuts
- Lagarde hints at possible summer rate cuts at Davos, emphasizing the ECB's data-focused approach.
- ECB President Lagarde suggests interest rates may have peaked, citing ongoing uncertainties and unanchored indicators.
- Eurostat data shows a rise in the Euro Area's annual inflation rate to 2.9% in December, the highest in over two years.
- Lagarde cautions against market over-optimism, which could hinder the ECB's efforts to control inflation.
German inflation eases in January raising ECB interest rate cut hopes: German inflation eased to 3.1% in January year-over-year from 3.8% in December ...
euronews.com/business/2024/02/09/german-inflation-eases-in-january-raising-ecb-interest-rate-cut-hopes
European Central Bank: interest rate cuts not expected until later: The financial markets' assessment of what will happen next at the European Central Bank is ...
faz.net/aktuell/finanzen/ezb-zinssenkungen-erst-spaeter-erwartet-19508794.html
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ECB Rate-Cut Timing Is Only First Tricky Call in Easing Process
bloomberg.com/news/articles/2024-02-06/ecb-rate-cut-timing-is-only-first-tricky-call-in-easing-process
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Inflation: How the conflict in the Middle East affects prices in Germany: The ECB warns that the Middle East conflict poses a risk of continued high inflation ...
faz.net/aktuell/finanzen/wie-der-konflikt-im-nahen-osten-in-deutschland-auf-die-preise-wirkt-19497917.html
Artistic swimming: Japan's team competes in the mixed team technical of artistic swimming at the World Aquatics Championships in Doha, Qatar, on Monday.
japantoday.com/category/picture-of-the-day/artistic-swimming-1
Walking a tightrope: Five questions for the ECB: The European Central Bank (ECB) meets on Thursday as policymakers, not quite ready to declare victory in the ...
reuters.com/business/finance/walking-tightrope-five-questions-ecb-2024-01-22/
ECB chief Christine Lagarde douses talk of rate cuts even as inflation moves towards 2% target
businesspost.ie/article/ecb-chief-christine-lagarde-douses-talk-of-rate-cuts-even-as-inflation-moves-towards-2-target/
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Inflation: Inflation in the euro area falls to 2.8 percent in January: While inflation rates are falling significantly in Germany and France ...
faz.net/aktuell/finanzen/inflation-im-euroraum-sinkt-im-januar-auf-2-8-prozent-19488824.html
Fixed-term deposits: Where savers can still secure high interest rates now: Interest rates for fixed-term deposits and call money are still attractive ...
capital.de/geld-versicherungen/die-besten-zinsen-fuer-tagesgeld-und-festgeld-34402668.html
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