‘We’re breaking the neck of inflation,’ says Lagarde as ECB cuts rates again
European Central Bank (ECB) president Christine Lagarde all but declared victory over inflation on Thursday as Frankfurt reduced interest rates for the third time this year and for a second straight meeting with the focus shifting away from price growth and more towards Europe’s flagging economy.
ECB cuts rates again with more to come, even if Lagarde won’t commit
Just as a reminder, back in September, the ECB expected a short-lived softening of the economy in the second half of this year and a subsequent return to potential growth from early 2025 onwards. At the same time, inflation was expected to come down to 2.0% by the end of 2025.
Christine Lagarde and investors are talking at cross purposes. After lowering interest rates again on Thursday, the president ...
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest ...
Europe should use the challenges posed by an increasingly fragmented world order and geopolitical conflicts as an opportunity ...
Yanis Varoufakis, a former finance minister of Greece, is leader of the MeRA25 party and professor of Economics at the University of Athens. Copyright: Project Syndicate, 2023.
EUR/USD is rebounding to near 1.0850 in the early European session on Friday. China's stimulus optimism and a broad US Dollar ...
The European Central Bank cut key interest rates by 25 basis points, as expected on Thursday, as policymakers assessed that the ...
Irish Examiner on MSN3d
Lagarde: Eurozone not heading toward recessionChristine Lagarde has said she does not believe the eurozone is heading towards recession despite negative trends seen in ...
ECB President Christine Lagarde speaks to CNBC's Annette Weisbach after the central bank delivered its third rate cut this ...
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