Share to WeChat Open WeChat, click “Discovery” at the bottom,Use “scan” to share the webpage to Moments. China Business News 2023-01-20 13:03:29 Editor in charge: Zhu Mengyun On Thursday local time, European Central Bank President Christine Lagarde attended the Davos summit and delivered a speech that surprised market bulls. Lagarde emphasized: Inflation in the euro … Read more
Germany is facing extreme recessionary odds, as the economy is weathering the winter and energy crisis better than expected, but must undergo a transformation to secure its future. And the National Institute of Statistics “Distatis” announced on Friday that the growth of German gross domestic product in 2022 exceeded expectations, recording 1.9%, despite the “difficult … Read more
Frankfurt (dpa) Isabel Schnabel, a member of the European Central Bank’s Executive Council, said interest rates should be shifted to bring inflation to target, according to Bloomberg News. Schnabel said in an interview published yesterday that the risk of exaggerated policies by the European Central Bank “is still limited, as real interest rates are still … Read more
With the central bank now signaling a higher final interest rate than many market participants expected, “reaching consensus” on next steps “certainly wouldn’t be easier,” Schnabel said. The German official said the European Central Bank had downplayed the importance of continued inflation previously and “didn’t initially take signs of rising inflation seriously enough” because it … Read more
Publicly, BoE officials see that the UK is already in a recession. European Central Bank officials assume that the euro zone has entered a recession this quarter. The economies of the UK and the Eurozone have been hit by rising energy costs following the Russian invasion of Ukraine. The United States is less exposed to … Read more
The rate of inflation has slowed down Eurozone In November, it was lower than the preliminary reading, which supports the European Central Bank’s aggressive plans to combat price pressures. Consumer prices in the 19-nation single-currency area rose 10.1% year-over-year, according to Eurostat data released on Friday. At the same time, it was lower than the … Read more
Stock indexes fell, for the second consecutive day, following the decisions of the central banks, all of which were extremely cautious despite the slowdown in inflation. Stock indexes plunge on the impact of central bank decisions The world stock exchanges, especially the European ones, today, Thursday, reacted negatively to the decisions of the European central … Read more
Major European stock markets are expected lower on Monday for the first session of a week with unknown multiples, which will be dominated by the monetary policy decisions of the world’s main central banks. Index futures suggest a decline of 0.48% for the Paris CAC 40, 0.51% for the Frankfurt Dax, 0.25% for the London … Read more
(Original title: Economists predict: European Central Bank to raise interest rates twice before launching QT early next year) Zhitong Finance APP has learned that economists expect the European Central Bank to raise interest rates twice to deal with unprecedented inflation, including a small rate hike of 50 basis points next week. According to surveyed analysts, … Read more
Frankfurt (Reuters) Eurozone inflation fell much more than expected in November, fueling hopes that the European Central Bank will ease the pace of rate hikes at next month’s meeting.Consumer prices in the 19-nation single currency rose 10% this month after rising 10.6% in October. The increase was much lower than the expectations of analysts polled … Read more