Central banks keep markets guessing on path of interest rates Markets Investors looking for clear guidance on the path of interest rates received few firm commitments from top central bankers on Tuesday.
Central bankers push back on interest rate cut bets but accept progress on inflation Economics In the US, traders think there is a 60 per cent chance that the Fed will lower interest rates in March, according to CME Fedwatch.
Central banks to stress higher for longer rates narrative as traders bet on cuts Markets A range of prominent central bankers will be speaking this week as markets look for clues on the future path of interest rates.
ECB president Christine Lagarde gets fake text messages from former German chancellor Angela Merkel July 12, 2022 The European Central Bank revealed this afternoon that its president Christine Lagarde was targeted in an attempted cyberattack but no information was compromised. The attempt took place “recently”, the Frankfurt-based central bank for the 19 countries that use the euro said in an emailed response to a query about a report by Business Insider. The [...]
Eurozone inflation forecast to double this year as industry confidence plummets April 16, 2022 Inflation in the eurozone is anticipated to double to six per cent this year, piling more pressure on the European Central Bank to hike interest rates. Inflation expectations have shot up from an average of three per cent to six per cent in 2022, according to the ECB’s quarterly survey of economists. This is three [...]
European Central Bank to print money faster as interest rate stays unchanged March 11, 2021 European Central Bank to print more money faster as interest rate stays unchanged
ECB should issue digital euro, say Christine Lagarde October 2, 2020 The European Central Bank (ECB) should issue a digital euro in addition to banknotes and coins, according to its boss Christine Lagarde
Christine Lagarde’s peace at risk as European Central Bank split over virus plan September 28, 2020 European Central Bank (ECB) policymakers are increasingly divided over how to steer the economy through a second wave of Covid-19, threatening President Christine Lagarde’s hard-won peace, Reuters conversations with eight ECB insiders show. Lagarde has managed to end the public infighting that left the ECB in disarray in the final months of Mario Draghi’s tenure [...]
ECB ‘working on lending scheme’ for small businesses hit by coronavirus March 3, 2020 The European Central Bank is reportedly working on measures to provide liquidity to businesses hit by the economic impact of the coronavirus outbreak. Measures being considered by the ECB include a targeted longer-term refinancing operation directed at small and medium-sized firms, which could be hardest hit by a virus-related downturn, sources familiar with the discussion [...]
EU calls for European to replace Lagarde as IMF boss July 8, 2019 Top EU officials have called for a European candidate to replace Christine Lagarde as head of the International Monetary Fund (IMF), with the Netherlands launching a bid to fill the post. The IMF is seeking a replacement for Lagarde, who was nominated by EU leaders last week as the next president of the European Central [...]