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Showing 1 - 10 of 49 results for "Christine Lagarde"

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... also the first time in 13 years that the ECB has cut rates in consecutive meetings. "Although ECB president Christine Lagarde was very careful not to provide any forward guidance, instead emphasising their data dependent approach, markets are expecting ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... in the second quarter, lower than the first quarter's 0.3%, and falling short of projections. ECB president Christine Lagarde said growth stemmed mainly from net exports and government spending. "Private domestic demand weakened as households consumed ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... expectations will remain anchored indefinitely." Also speaking at the conference, European Central Bank president Christine Lagarde said she doesn't think we're going back to an environment of low inflation. Lagarde stated: "I think there have been forces ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... percent The ECB's latest move is in line with its objective of "anchoring the recovery". As ECB president Christine Lagarde declared in June: "We have to take the economy through the pandemic and into a recovery phase, which has now started. We need ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
"We have to take the economy through the pandemic and into a recovery phase, which has now started. We need to really anchor the recovery. We always talk about inflation anchoring and we are not oblivious to that. But the recovery needs to be firm ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... conditions continued to be sources of downside risk." But have no fear, European Central Bank (ECB) president Christine Lagarde is here, whispering hope that "although downside risks associated with the pandemic remain in the near term" the "...risks ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... Spain and Italy - and the subsequent re-imposition and/or tightening of restrictions there. As ECB president Christine Lagarde intimated, while the central bank expected the second wave, it did not anticipate "the depth of it, the duration of it and ...

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
... until people are confident that it's safe to resume activities involving crowds of people." ECB president Christine Lagarde echoed the Fed's concern: "I don't want to be exuberant about this vaccination." In her introductory speech, Lagarde ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... and economists expect, especially given the renewed appreciation in the euro currency - to which ECB president Christine Lagarde explained that while it was discussed the bank does not target the exchange rate. The euro has appreciated by 5.8% against ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... this is in response to the ECB's gloomier revision to its macroeconomic outlook, revealed by ECB president Christine Lagarde in late May when she told his audience at 'European Youth Dialogue 2020' conference that the "mild" [a 5% contraction] ...
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