Euro area economy is stagnating in 2nd half of 2023 Q4 GDP will likely be similar to Q3 Risks tilted to the downside Current level of reates held for long enough and will likely tame inflation going forward. This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
ECB’s Muller is chatting late on Friday in Europe saying: Inflation is clearly showing a trend of slowing We probably do not need to increase rates anymore. High ECB rates are smaller problem than high inflation. This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
Share: Patrick Artus of Natixis is out with a flash note regarding complications for the European Central Bank (ECB) as the central bank looks ahead to a looming confidence crisis. What are the consequences of the ECB’s loss of credibility? If we measure a central bank’s credibility on the basis of long-term inflation
Interest rates are currently appropriate to get inflation to 2% in H2 2025 but door on rate hikes can’t be closed Talks on mandatory higher reserve requirements for banks are appropriate Italian spreads no unwarrated and not worrisome It’s a clear wait-and-see stance for the ECB and that’s no surprise for the market. لینک منبع
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> ECB’s Lane: 4% rate will do quite a bit to bring inflation to 2% ECB’s Lane speaking on Yahoo finance interview ECB’s Lane 4% rate will do quite a bit to bring inflation to 2% ECB is still very data dependent expects rates to held sufficiently long at 4% Key wage data will not
> ECB’s de Cos: Underlying inflation is now easing Underlying inflation is now easing Inflation seems to be turning a corner Current interest rate level – if maintained for sufficiently long – is broadly consistent with achieving the target Too early to talk about Ray cuts Would be cautious about discontinuing PEPP reinvestment Selling bonds
European Central Bank (ECB) Chief Economist Phillip Lane said early Friday, “inflation over 2% is costly for the economy.” Additional quotes Central b لینک منبع : هوشمند نیوز
European Central Bank chief economist Lane spoke earlier: Now in Q&A Central banks try to hit inflation in the medium term Inflation over 2% is costly for the economy Says won’t be speculating on future European Central Bank policy moves the most efficient wat to tighten monetary policy is via interest rates — EUR/USD is
ECBs Vujcic is on the wires saying: As prices ease, the 4% rate will be more restrictive If outlook holds won’t need any more rate hike’s Latest hike puts us in a better position The EURUSD is trading at 1.0634. The low price today reached 1.0616 which was 6 pips short of the 38.2% retracement
