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.
‘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 decision: Interest rates cut by quarter-point as 'disinflationary process is well on track.'
He expects a quarter-point cut in December, to take the main rate down to 3%, and cuts at every meeting after that until June. For investors, he said investment-grade fixed income still offers an attractive chance to secure higher yields, and he said small- and mid-cap stocks in Europe offer attractive value and should benefit from the rate cuts.
Christine Lagarde and investors are talking at cross purposes. After lowering interest rates again on Thursday, the president ...
Eurozone government bond yields rose due to market reactions to the ECB's monetary policies, following a drop last week. Key ...
The European Central Bank lowered interest rates for the third time since June, reducing its benchmark rate to 3.25 percent ...
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest ...
Eurozone inflation rates continue to fall and growth in the single currency economy remains sluggish, thus allowing for a gradual ...
Eurozone government bond yields have risen as investors anticipate changes in the European Central Bank's monetary policy.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark ...
Europe should use the challenges posed by an increasingly fragmented world order and geopolitical conflicts as an opportunity ...
After last week's interest rate cut, ECB president Christine Lagarde said headline and core inflation were 'all heading in ...
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