European Central Bank (ECB) President Christine Lagarde speaks during a press conference at the ECB headquarters in Frankfurt, Germany, Dec. 12, 2024. The ECB decided on Thursday to cut its key interest rates by 25 basis points at its rate-setting meeting. (Xinhua/Zhang Fan) This photo take...
US Federal Reserve Governor Christopher Waller said Monday that the central bank should proceed cautiously on rate cuts and that data warrant moving to neutral at a deliberate pace. Waller warned that hurricanes and strikes could reduce October payrolls by 100,000. Canada expelled six Indian d...
Investors have now fully priced in four rate cuts from the ECB this year, a swing from recent days when a fourth move was seen as highly uncertain. The dollar's relentless rally since November's U.S. election is why market bets moved so much, since the currency's strength ri...
In 2025, we continue to think that the ECB will deliver four cuts, taking the benchmark rate to approximately the neutral level of 2 per cent. Yet we think that the cuts will be front-loaded, with three out of the four cuts occurring in the first half of the year. We also see sign...
Lagarde also sidestepped questions on the destination for rate cuts, arguing that the so-called neutral rate, which neither stimulates nor slows the economy, was not clear-cut. The neutral rate is seen by economists at around 2% or 2.25%. Lagarde argued that it ...
ECB Follows Fed With Interest-Rate Cut. Why It’s Just Getting Going. By Brian Swint Updated Oct 17, 2024, 9:26 am EDT / Original Oct 16, 2024, 9:43 am EDT ReprintsThe European Central Bank lowered interest rates for a second straight meeting, picking up the pace of cuts after the...
Political turmoil and eurozone gloom suggest third ECB rate cut incoming BYSam Reeves and AFPDecember 12, 2024 Finance European Central Bank cuts interest rates again, saying it sees no signs of an incoming recession BYPan Pylas and The Associated PressOctober 17, 2024 Finance Christine Lagarde ...
The European Central Bank has indicated it is focused on how long it needs to maintain the current level of restrictive interest rates. It has shown no indication that it is ready to move rates in March and leading figures still say it is too early to talk about rate cuts. There is a ...
The risk of faster rate cuts from the ECB is rising. Lagarde gave little away about the likely path of easing, which she said was not pre-determined “neither in terms of sequence, nor in terms of volume.” The central bank, she stressed, would be data dependent. We expect the ECB no...
US Federal Reserve Governor Christopher Waller said Monday that the central bank should proceed cautiously on rate cuts and that data warrant moving to neutral at a deliberate pace. Waller warned that hurricanes and strikes could reduce October payrolls by 100,000. ...