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Economy

Lagarde hints at further ECB rate cuts, rules out Bitcoin reserves

The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and geopolitical tensions. She ruled out Bitcoin as a reserve asset, stressing the need for liquidity and security.

Economy

ECB cuts rates again as inflation nears 2% and growth remains weak

The European Central Bank (ECB) cut its benchmark interest rate again by a quarter-point to 2.75% on Thursday as inflation nears 2% and growth remains weak.

Economy

Eurozone economy stagnates in Q4 as Germany and France contract

Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate cuts. The euro held at $1.04, while bond yields fell. The ECB-Fed policy gap widens as Powell signals "no rush" for rate cuts.

Economy

Europe must be prepared for shifting US trade policy, Lagarde warns

ECB President Christine Lagarde urged Europe to prepare for potential US trade policy shifts, warning of selective tariffs under Trump. Speaking in Davos, she stressed the need for economic reforms, defended the ECB's cautious rate cuts, and flagged energy prices as key to inflation.

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Markets

European Central Bank warns of effects of shift in US trade policies

Christine Lagarde also said that the ECB will continue to cut interest rates, but that worries persisted about economic growth.

Economy

Economists react to ECB’s rate cuts: What’s next for monetary policy?

The ECB cut rates by 25 basis points to 3%, dropping its commitment to keep policy “sufficiently restrictive” and signalling confidence in achieving its 2% inflation target. Economists expect gradual cuts to continue, with risks from trade tensions and geopolitical uncertainties looming.

Economy

ECB set to trim interest rates again: What's next and why it matters

The ECB is set to cut rates by 25 basis points to 3%, with further easing expected into 2025. Lower rates may provide a much-needed boost to borrowing, domestic consumption, and exports via a weaker euro, but geopolitical risks costs may limit the benefits.

EuroVerify

No, Christine Lagarde doesn't want to scrap cash for climate

A video is being shared on social media which allegedly shows Christine Lagarde, president of the European Central Bank, calling for the abolition of cash in order to reduce our carbon footprint.

Economy

Will the European Central Bank opt for a large rate cut in December?

Money markets see an increased likelihood of the European Central Bank (ECB) deepening its rate cuts in December following weak economic data. However, analysts expect the bank to maintain a gradual approach to rate reductions due to the persistent upside risks in inflation.

Economy

ECB watchers see more rate cuts to come after October decision

Economists expect the ECB to continue rate cuts, aiming for 2% by mid-2025. Lagarde's focus on downside inflation risks and weak growth signals further easing.

Economy

ECB rate cuts: 'We're breaking the neck of inflation,' says Lagarde

Inflation is on track to hit the medium-term 2% target in 2025. The ECB remains data-dependent, with no pre-commitment to future rate changes.

Economy

ECB cuts rates again as inflation falls below target

The 25 basis point cut, expected by analysts, arrives against a backdrop of settling inflation and anaemic growth.

Business

Lagarde supports bank mergers as UniCredit-Commerzbank talks intensify

The ECB has indicated its support for UniCredit’s potential full takeover of Commerzbank, as cross-border banking mergers align with the single market’s unity strategy, enhancing the competitiveness of the European banking system on a global scale.

Business

ECB's Lagarde predicts inflation to hit 2% target next year

ECB President Christine Lagarde praised the "remarkable" unwinding of inflation with minimal job losses, projecting inflation to hit target by 2025. However, she warned that significant uncertainties remain.

Economy

Will the ECB cut interest rates again in October? Analysts weigh in

Analysts are divided on whether the ECB will cut rates again in October, with some expecting a pause until December. Key factors include wage pressures, inflation data, and oil prices. Most agree on gradual easing, with more cuts likely into 2025.

Markets

Weekly recap: European Central Bank rate cut sparks market rally

Global stock markets were mostly positive this week, buoyed by optimism over central banks' rate cuts. The ECB’s second rate reduction of the year fuelled a market rally across Europe.

Economy

ECB's Lagarde reaffirms data-driven approach to future rate decisions

ECB President Christine Lagarde reaffirms a data-driven approach to rate decisions while urging structural reforms, citing Mario Draghi's competitiveness report. The ECB lowered its deposit rate by 25 basis points, with inflation and growth forecasts largely unchanged.

Economy

European Central Bank cuts interest rates again as inflation slows

The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.

Economy

ECB meeting preview: No surprise cut in July, all eyes on September

Following June’s rate cut, the ECB is expected to maintain rates steady at its July meeting, awaiting September economic projections. Divisions widen between hawk and dove members, while analysts anticipate two more cuts by year-end.

Economy

ECB’s Lagarde foresees a bumpy road to 2% inflation amid uncertainties

ECB President Christine Lagarde highlighted the complex journey towards the 2% inflation target at the ECB Forum on Central Banking in Sintra.