More ECB interest rate cuts are coming, says Christine Lagarde
Frankfurt believes rates are still constricting economic activity despite a series of cuts in 2024
Frankfurt believes rates are still constricting economic activity despite a series of cuts in 2024
Christine Lagarde spent a lot of her press conference on Thursday pointing to the growing strains in the economy
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Markets are already pricing in four more rate cuts between now and March
Frankfurt-based central bank trims key deposit rate by 25 basis points to 3.25 per cent
Consumer price growth across the single currency bloc moderated to 1.7 per cent in September from 2.2 per cent the previous month
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change
Frankfurt’s decision to cut rates comes on the eve of what is expected to be another expansionary budget in advance of general election
Frankfurt trims its key lending rate, the one that affects mortgage rates, by 25 basis points to 4 per cent, providing some relief for mortgage holders
Markets are pricing in a more than 90% chance of another 25 basis point cut in September
Investors look for September rate cut clues despite geopolitical uncertainty and wage rises
Reservations among council members will fuel expectations that ECB will leave rates on hold later this month
‘Good degree of confidence’ that inflation is on the way back to 2 per cent
Close to 200,000 homeowners are set to benefit from the ECB rate cut of 0.25 percentage points immediately
European Central Bank cuts rates but several data sets point in wrong direction and make further cuts far from predictable
European Central Bank makes first move lower interest rates after hiking them 10 times since 2022
Scale of boost for consumers, housing and investment will depend on how low borrowing costs can go
Governing council members are expected to unofficially discuss the future pace of rate cuts
While Frankfurt, as predicted, kept rates unchanged on Thursday, policymakers signalled the possibility of a rate cut at their next meeting in June
The ECB currently expects that euro zone inflation, which was running at 2.4 per cent last month, will reach its target by the middle of next year
Latest increase expected to bring increase in loan arrears, given the number of homeowners set to see fixed rates expire
Move mooted as compromise to reassure southern bloc countries that favour an earlier shift to lower rates
Comments by Fed chair Jay Powell come a day after ECB signalled possible movement in June
‘We clearly need more evidence,’ says ECB president Christine Lagarde as projections see inflation hitting 2% target next year
Markets expect Frankfurt to implement a sequence of rate cuts in the second half of 2024 but to proceed with cautious quarter-point reductions
History has warned that the last stage of returning inflation to central bank targets is often the most difficult
ECB has opened the door to loosening monetary policy this year
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Christine Lagarde says euro zone borrowing costs likely to fall in summer, later than markets expected
As inflation falls, speculation that Frankfurt will begin to loosen the monetary reins sooner-than-expected has increased, but when can we expect the first rate cut
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