The ECB cut rates for the second time this year on Thursday but provided little to no guidance on further moves, even as some policymakers privately argued that coming back for another cut in just ...
Frankfurt’s decision to cut rates comes on the eve of what is expected to be another expansionary budget in advance of ...
“We have at the ECB Governing Council already lowered rates two times this year, and this is not the final destination,” the Latvian central-bank head said Monday. “These rates will continue ...
"But the fact is that very little new information is in the pipeline." Kazimir, an outspoken hawk, argued that the ECB needed to be sure that incoming data confirmed its projections, otherwise ...
We think that after some hesitation, the ECB will eventually have to cut rates more aggressively. Headline inflation is expected to come in at 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026.
The ECB and the US Federal Reserve responded with rapid interest rate hikes. The Fed is also expected to make a first cut in its benchmark rate from a 23-year high of 5.25% to 5.5% at its ...
The European Central Bank may have to quicken the pace that it lowers interest rates to avoid inflation falling short of forecasts, Governing Council member Mario Centeno told Politico. “Given ...
The European Central Bank (ECB) announced on Thursday that it lowered the interest rates on the marginal lending facility to 3.9% from 4.5% and the deposit facility, also known as the benchmark ...
FRANKFURT - The European Central Bank (ECB) cut its key interest rate again on Sept 12 as inflation cools, but warned of continuing price pressures and gave no indication of the path ahead.
However, ECB President Christine Lagarde warned that the lingering risk of inflation means it’s unlikely to ease conditions for struggling businesses and homeowners any more aggressively, and she ...
Yet, he struck a circumspect tone about how much relief the ECB will be able to provide borrowers. “The return to target is not yet secure,” he said on a panel on Saturday. “The monetary ...
European Central Bank (ECB) Governing Council member François Villeroy de Galhau said on Friday that there are "good reasons" for the central bank to consider cutting its key interest rates in ...