By Leonidas Stergiou The head of the European Central Bank, Christine Lagarde, confirmed the announcement of a 0.25% increase in interest rates in July and went one step further. Prepare the markets for the next steps: Additional rate hikes of 0.25 per unit or more if needed in September and further increases later, depending on […]
Tag: ECB interest rates
All ECB scenarios for the time and extent of interest rate hikes
By Leonidas Stergiou Following the unusual for central bankers to post their interest rate intentions on a blog, the head of the European Central Bank, Christine Lagarde, effectively announced the end of the bond-buying program in early July and then a possible interest rate hike. the first on July 21 and the second on September […]
What the ECB will announce on Thursday – The estimates of eight international companies
Her Eleftherias Kourtali The end of the bond market program and the preparation of the ground for the first interest rate increase since 2011, next July, international analysts widely expect that the European Central Bank will announce at its meeting this Thursday where it will present the new (and worse) forecasts for growth and inflation. […]
Kazimir (ECB): Rising interest rates by 50 basis points in September should not be ruled out
Record inflation in the Eurozone makes it necessary for the European Central Bank to raise interest rates in July, ECB member and Slovakia central banker Peter Kazimir said on Tuesday, adding that higher-than-expected increases may be needed so far. in order to curb price increases. Eurozone inflation jumped to Î…8.1% in May, four times higher […]
Lack of executives and cost of borrowing the two thorns of small and medium
By Leonidas Stergiou Finding suitable staff, with qualifications and experience, but also the high cost of financing are two of the biggest problems faced by small and medium enterprises in Greece, as stated in a speech on Friday by the Governor of the Bank of Greece Mr. Giannis Stournaras, in ΕΣΕΕ. In fact, the latest […]
Strategic ambiguity end
By Marcus Ashworth Christine Lagarde violated one of the golden rules of central banking. In a blog post that came to light on Monday, the president of the European Central Bank actually gave clear future guidance on the possible course of interest rates in the coming months. With an ex-ante commitment to raising borrowing costs, […]
Nagel (President of the Bundesbank): Soon after June, the first interest rate increase by the ECB in 10 years
The European Central Bank will soon raise its key interest rate for the first time in more than 10 years, a member of the Board told CNBC. of the central bank of the euro area Member States. “We are on the right track,” said Joachim Nagel, chairman of the German Federal Reserve (Bundesbank) and one […]
How much the Ministry of Finance is afraid of the impending rise in interest rates
By Tasos Dasopoulos The financial staff is on alert, in view of the start of the process of raising interest rates by the ECB after the indefinite postponement of the return of inflation to 2% due to the war in Ukraine. Christine Lagarde’s statements about the time when the ECB intends to start raising interest […]
ECB: Olli Rehn again in favor of raising interest rates in July
Finland’s central bank governor Olli Rehn has said in a statement released by German media today that the European Central Bank (ECB) will raise its benchmark interest rates in July, as the eurozone has seen a dramatic rise in population. . “We need to avoid raising inflationary expectations,” he said in an interview with Die […]
Lagarde: Stagnant inflation is not the key scenario for the Eurozone
Stagnant inflation is not the most likely scenario for the eurozone, even when the war in Ukraine is slowing growth and accelerating inflation, according to European Central Bank President Christine Lagarde, according to Bloomberg. “Stagnant inflation is not our main scenario at the moment,” Lagarde told the Slovenian newspaper Delo in an interview published today. […]