European Central Bank Governing Council member Villeroy said that we may further cut interest rates. (Golden Ten)
Money markets expect the ECB's deposit rate to be 1.95% in December, compared with around 2.05% before the German inflation data was released.
European Central Bank President Christine Lagarde: It is uncertain whether the European Central Bank will receive clearer information on trade risks by March.
European Central Bank President Christine Lagarde: Inflation is expected to reach 2% during 2025.
European Central Bank President Christine Lagarde: Confident that Bitcoin will not enter the reserves of any of the Council members.
European Central Bank President Christine Lagarde: Given the uncertainties, providing forward guidance is pointless.
Market pricing shows the European Central Bank cutting interest rates by at least 25 basis points this week, Lagarde will be asked several key questions related to the United States and its new leader, the era of the euro and the dollar parity is back? Click to view...
Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
On January 22nd, the European Central Bank Governing Council Knott said that the obstacles to another interest rate cut next week are very small. The data is encouraging and confirms that we will return to our target. (Golden Ten)
European Central Bank Governing Council Member Knott said there are few obstacles to another interest rate cut next week. The data is encouraging and confirms that we will be back on target and hope to see the economy recover before making further judgments. (Golden Ten)
Traders upped their bets that the ECB will cut rates by 100 basis points this year.
"The ECB's base rate should fall to around 2 percent around the autumn of 2025," Stournaras, the ECB's governing council and central bank governor, told Greece's Skai radio station, according to a transcript released Thursday by the Greek central bank. He said the forecast would still be subject to "unforeseen circumstances," citing risk factors in Europe and the United States. Economists and investors believe the region's economy is suffering as the ECB cuts interest rates at every meeting unti...
European Central Bank President Christine Lagarde: I hope the European Central Bank can achieve its 2% inflation target in 2025.
Traders have cut their bets on ECB easing and now expect interest rate cuts of less than 125 basis points in 2025.
1. Uncertainty: If there's one thing we've discussed over the last few days, it's the level of uncertainty we face. 2. Tariff Impact: The overall impact of tariffs on inflation is uncertain. This is a very complex situation with a lot of moving parts. 3. Direction: The current direction of development is very clear. Clearly, we've done a lot of work. 4. Policy Language: We want to remain "appropriate" in setting monetary policy. If comparisons are made, the "restrictive" wording disappears and "...