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Tag: Christine Lagarde

The ECB sees inflation landing in 2024

The ECB sees inflation landing in 2024 The ECB sees inflation landing in 2024

By Leonidas Stergiou Two speeches and interviews by ECB officials days before the September 8 meeting put a brake on expectations of sharp interest rate hikes. The chief economist of the ECB, Philip Lane, from Spain and the Greek central banker and member of the d.s. of the ECB, Yannis Stournaras, from Austria, warned of […]

Christine Lagarde: From crisis to crisis we become stronger

Christine Lagarde: From crisis to crisis we become stronger Christine Lagarde: From crisis to crisis we become stronger

By Morgane Miel Since November 1, 2019 – the date of her appointment as head of the European Central Bank (ECB) – Christine Lagarde has been shared between the 19 countries of the European Union that use the euro. This in itself makes it particularly expensive. Still, we managed to meet her in her office […]

Lagarde: The ECB will raise interest rates until inflation drops to 2%

Lagarde: The ECB will raise interest rates until inflation drops to 2% Lagarde: The ECB will raise interest rates until inflation drops to 2%

The European Central Bank will continue raising interest rates until inflation falls back to its 2% target, Bank President Christine Lagarde said in an interview with Germany’s Funke Mediengruppe published today, Friday. As Reuters comments, it is Ms Lagarde’s strongest commitment to date to fight inflation, which reached 8.6% in the euro zone last month, […]

Lagarde: All countries eligible for new TPI tool – High inflation to last

Lagarde: All countries eligible for new TPI tool – High inflation to last The ECB sees inflation landing in 2024

The upgraded assessment of inflation risks, combined with the enhanced support provided by the new TPI government bond tool, led to the ECB’s decision to raise interest rates more, Bank chief Christine Lagarde explained. At the same time, he signaled a new increase in interest rates in September, saying that further normalization is expected, but […]

ECB: Increase interest rates by 50 basis points

ECB: Increase interest rates by 50 basis points ECB: Increase interest rates by 50 basis points

The European Central Bank announced its first interest rate hike in 11 years, opting for the most aggressive path of 50 basis points amid ever-increasing concerns about the impact of rising prices on households, companies and governments. The long-awaited interest rate hike by the ECB now brings it closer to more than 80 central banks […]

Reuters: The Bundesbank reacts to the ECB’s plan to support the countries of the South

Reuters: The Bundesbank reacts to the ECB’s plan to support the countries of the South Reuters: The Bundesbank reacts to the ECB’s plan to support the countries of the South

Bundesbank President Joachim Nagel hit back at the European Central Bank’s promise to offer fresh support to heavily indebted southern countries at last month’s emergency meeting, rekindling the rift between the ECB and its biggest shareholder, sources told Reuters. ECB policymakers pledged to buy more bonds from indebted countries at an unscheduled meeting on June […]

Lagarde: The era of extremely low inflation is unlikely to return

Lagarde: The era of extremely low inflation is unlikely to return Lagarde: The era of extremely low inflation is unlikely to return

The era of extremely low inflation that preceded the pandemic is unlikely to return, European Central Bank President Christine Lagarde said on Wednesday, speaking at the annual central bank forum in Sintra, Portugal, on “monetary policy challenges in a it is changing rapidly “. Central banks need to adjust to significantly higher expectations for price […]

Simkus (ECB): We should consider raising interest rates by 0.5% in July

Simkus (ECB): We should consider raising interest rates by 0.5% in July Simkus (ECB): We should consider raising interest rates by 0.5% in July

The European Central Bank (ECB) should consider raising interest rates by twice the expected rate next month if inflation prospects worsen, according to Gediminas Simkus, a board member. a bigger move for starters. Simkus has joined forces with ECB counterpart Martin Kazaks to argue that the key scenario for a 0.25% increase in the July […]