Lagarde urges EU leaders to negotiate ‘not retaliate’ on Trump tariffs Economics Christine Lagarde said that a global trade war was "in nobody's interest" and would likely lead to a "global reduction of GDP".
ECB cuts interest rates again as inflation continues to fall Economics The move means the main interest rate was reduced by 25 basis points to 3.25 per cent, down from a peak of four per cent which was reached last September.
Eurozone inflation falls below target for the first time since mid-2021 Economics Annual inflation fell to 1.8 per cent in September, down from 2.2 per cent in August and below the 1.9 per cent expected by economists.
ECB cuts interest rates again as inflation continues to ease September 12, 2024 Despite the cut, interest rates remain in restrictive territory in the eurozone, meaning monetary policy is still bearing down on inflation and slowing growth.
Interest rates are coming down – but how low will they go? August 27, 2024 There will be multiple debates over the next few months about how fast and how far interest rates should be cut. But how low will they go? Chris Dorrell asks
Central banks keep markets guessing on path of interest rates July 2, 2024 Investors looking for clear guidance on the path of interest rates received few firm commitments from top central bankers on Tuesday.
Central bankers push back on interest rate cut bets but accept progress on inflation January 17, 2024 In the US, traders think there is a 60 per cent chance that the Fed will lower interest rates in March, according to CME Fedwatch.
Central banks to stress higher for longer rates narrative as traders bet on cuts November 26, 2023 A range of prominent central bankers will be speaking this week as markets look for clues on the future path of interest rates.
ECB president Christine Lagarde gets fake text messages from former German chancellor Angela Merkel July 12, 2022 The European Central Bank revealed this afternoon that its president Christine Lagarde was targeted in an attempted cyberattack but no information was compromised. The attempt took place “recently”, the Frankfurt-based central bank for the 19 countries that use the euro said in an emailed response to a query about a report by Business Insider. The [...]
Eurozone inflation forecast to double this year as industry confidence plummets April 16, 2022 Inflation in the eurozone is anticipated to double to six per cent this year, piling more pressure on the European Central Bank to hike interest rates. Inflation expectations have shot up from an average of three per cent to six per cent in 2022, according to the ECB’s quarterly survey of economists. This is three [...]