‘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 ...
Households Consumed Less Than Expected - Recent Surveys Point To Gradual Recovery In Household Spending - Labour Market ...
Following the September policy meeting, the ECB decided to lower the interest rate on the marginal lending facility to 3.9% ...
Interest rates in the euro zone are now 3.25% after Christine Lagarde’s central bank cut off a quarter-point this afternoon.
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