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Showing 1 - 10 of 82 results for "ECB President"

ECB drops interest rates to 3.25%

KARREN VERGARA | FRIDAY, 18 OCT 2024

... this cycle, but it is 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 ...

ECB cuts rates for second time

KARREN VERGARA | FRIDAY, 13 SEP 2024

... the region grew 0.2% 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 ...

Economic recap: Week to July 23

BENJAMIN ONG | MONDAY, 26 JUL 2021

... inflation reach two 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 ...

Economic recap: Week to July 2

BENJAMIN ONG | MONDAY, 5 JUL 2021

... of Delta variant infections had markets concerned over increased restrictions or delayed reopening. These affirm ECB president Lagarde's view that the economy while starting to rebound, it remains fragile. Similarly, flash estimates of Eurozone inflation ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG | TUESDAY, 15 JUN 2021

... anchoring and we are not oblivious to that. But the recovery needs to be firm, solid and sustainable." These were ECB president Christine Lagarde's answers to an interview with 'Politico' asking how long the single-currency region's fiscal ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG | FRIDAY, 9 APR 2021

... ensure that inflation moves towards its aim in a sustained manner, in line with its commitment to symmetry". Former ECB president Mario Draghi was dubbed 'Super Mario' for doing "whatever it takes" to revive the Eurozone economy from the global ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG | FRIDAY, 11 DEC 2020

... ones like Germany, 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 ...

Chief economist update: We're not there yet

BENJAMIN ONG | FRIDAY, 13 NOV 2020

... not fully recover 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 ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG | FRIDAY, 11 SEP 2020

... financial markets 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 ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG | FRIDAY, 5 JUN 2020

... 2022. No doubt 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" ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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