07.06.2024, 07:07 Who stated “no” to Lagarde, the 2 speeds of “El. Venizelos” and the “mysteries” within the Sporades The “hawk” that stated no to the discount of rates of interest #07.06.2024 #Lagarde #speeds #Venizelos #mysteries #Sporades #hawk #discount #curiosity #charges
Frankfurt. For the primary time since 2019, the European Central Financial institution (ECB) reduce its rates of interest this Thursday, though it elevated its inflation projections and warned that the approaching months might be “hectic” and with little visibility by way of worth will increase. The Frankfurt-based establishment decreased its deposit fee by 1 / … Read more
This text was revealed in English The European Central Financial institution (ECB) reduce rates of interest by 25 foundation factors on the June assembly at this time, as anticipated by analysts. Discover The ECB will reduce its fundamental refinancing fee to 4.25%, the marginal lending fee to 4.50%, and the deposit fee to three.75%, as … Read more
Three central bankers are considered to be the main “doers” who made Christine Lagarde learn Greek… And sometimes preach the start of the usually boring general councils of the European Central Bank with the phrases “good morning” and “how are you today?” , making serious and seasoned central bankers look askance at each other, with … Read more
As widely expected, the European Central Bank kept interest rates unchanged at today’s board meeting. Interest rates were last raised in September 2023 in the upward cycle that began in July 2022, with the deposit rate reaching 4%. In the next three meetings, the ECB consistently reiterated that interest rates would remain steady for a … Read more
Finance by Stefania Blasioli and Paolo Paronetto Tokyo closes negative. China’s central bank cut the 5-year prime lending rate (LPR) by 25 basis points 3′ reading (Il Sole 24 Ore Radiocor) – The handbrake is on European stock exchanges at the start, the day after a session already characterized by caution which saw the absence … Read more
Finance by Stefania Blasioli and Chiara Di Cristofaro Tokyo interrupts the positive series 3′ reading (Il Sole 24 Ore Radiocor) – European stock markets are moving into negative territory following a lackluster session which saw trading on Wall Street halted for the Martin Luther King Day holiday. The Davos International Forum continues, which will end … Read more
European Central Bank President Christine Lagarde reiterated that borrowing costs will remain high as long as necessary to curb consumer prices – despite the suffering economy. “Our future decisions will ensure that the ECB’s key interest rates are set at sufficiently restrictive levels for as long as necessary,” Lagarde told lawmakers in the European Parliament. … Read more
“I dream of being able to hire more women who are experts in the economy,” says European Central Bank President Christine Lagarde, desiring to break the glass ceiling that still often slows down this gender, which is unfairly said to be weak, but it is “a source of enrichment for the economy.” She is the … Read more
Emphasis continues as long as needed The final stages of the ECB’s interest rate hike are the focus, with core inflation subdued and underlying price pressures stubbornly increasing. Most economic analysts expect central bank officials to temporarily stop raising interest rates after next month’s meeting after the deposit rate reaches 3.75%, although money markets expect … Read more