European Central Bank President Christine Lagarde appeared to be easing inflation concerns, arguing today that upward pressure on prices is likely to subside before consolidating, although high energy prices will continue to weigh on the economy. Reuters. Speaking to the European Parliament’s Committee on Economic and Monetary Affairs today, Lagarde warned that the eurozone had […]
Tag: Christine Lagarde
Markets face the biggest policy ‘turn’ in history
Of Eleftheria Kourtali The yield of the Greek 10-year bond is now moving above 2% and at the highest levels of the last two years almost, having even more than doubled and jumped by 140% compared to the levels of the beginning of 2021 when Greece had entered the markets with a new 10-year and […]
Lagarde: There is concern on the board. for inflation will remain higher for longer
LAST UPDATE 16:50 The European Central Bank’s assessment that inflation will begin to decline in 2022 after the rally of previous months was reiterated today by the chairman of the central bank, acknowledging, however, that inflation will remain higher for more than originally estimated, something that has caused concern to the Board. the bank’s. “Inflation […]
An increase in interest rates by the ECB in July is now on paper for traders
The traders bring earlier their estimates for the first interest rate increase by the European Central Bank in the wake of the data announced today and showed new record inflation in January at 5.1%. In particular, money markets are now seeing the ECB make its first interest rate move by July, up 10 basis points […]
Lagarde: ECB will do whatever it takes to bring inflation to 2%
Inflation in the eurozone will fall from record levels and the European Central Bank is ready to take any necessary measures to reduce it to the 2% target, ECB President Christine Lagarde said on Friday, according to Reuters. It is recalled that inflation rose to 5% last month, the highest ever recorded in the eurozone […]
Bond yields are rising despite Lagarde’s assurances
The European Central Bank is urging citizens to trust it in its efforts to stabilize inflation, but investors do not seem convinced. ECB President Christine Lagarde speaking to a German audience today (at the German Federal Reserve during the inauguration of new head J. Nagel) acknowledged that accuracy (rising prices) is a legitimate concern for […]
‘Shield’ for the Greek economy by the ECB
By Tasos Dasopoulos The President of the European Central Bank, Christine Lagarde, secured much more than the provision of cheap loans for 2022 for Greece yesterday with the special written report covering the Greek bonds with the emergency purchase program due to the pandemic (PEPP) and after on March. The markets responded immediately with relief, […]
What do the ECB decisions mean for Greek banks?
Of Leonida Stergiou The ECB reserved two gifts for the Greek banks and the Greek economy, which, apparently, they had not foreseen. The key phrase was the one that essentially extends the PEPP for Greek government bonds until 2024. Shortly before the decision, the yields on Greek 10-year bonds climbed to 1.286% to fall sharply […]
Lagarde: The reference to Greece is a very strong signal
LAST UPDATE 16:55 The praise in Greece for the “very good progress” that has been made in the implementation of the reforms was given by the President of the European Central Bank, Christine Lagarde, speaking at the press conference after the monetary policy decisions of the bank. Answering a question about the inclusion of Greek […]
ECB: End to PEPP in March – Special forecast for Greece leaves ‘window’ for markets to continue
LAST UPDATE 15:50 The European Central Bank is launching a further slowdown in bond markets under the emergency pandemic program (PEPP) as it faces a strong rally in inflation in recent months. The central bank also officially announced that at the end of March 2022 it will stop net purchases under PEPP. In the first […]
