ECB's Lagarde predicts inflation to hit 2% target next year
WEB1 day ago · By Piero Cingari. Published on 20/09/2024 - 18:38 GMT+2. ECB President Christine Lagarde praised the "remarkable" unwinding of inflation with minimal job losses, projecting inflation to hit target ...
ECB Must Prepare for More-Volatile Inflation Era, Lagarde Says
WEB1 day ago · The European Central Bank must think hard about how it deals with risks and uncertainty in an era of more-volatile inflation and less clarity about monetary-policy transmission, President ...
Central banks may face volatile inflation for years to come, ECB's ...
WEB1 day ago · European Central Bank (ECB) President Christine Lagarde arrives for the G-20 Finance Ministers and Central Bank Governors' Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in ...
Inflation’s down and the European Central Bank has cut rates, …
WEBSep 12, 2024 · The ECB cut once in June and then hit pause in July before going on summer break in August. The rate-setting council led by President Christine Lagarde has to juggle concerns about a disappointing outlook for growth against - which argues for cuts - against the need to make sure inflation is going to reach the bank’s 2% target and stay there - which would support keeping rates higher for a ...
ECB Must Remain Patient to Fully Reach 2% Price Goal, Nagel Says
WEB3 days ago · The European Central Bank has made good progress in bringing inflation down, but needs patience to fully reach the 2% target, Governing Council member Joachim Nagel said.
Inflation and consumer prices - European Central Bank
WEBAn inflation rate of 2% ensures price stability and supports the ECB’s goals by preventing deflation risks and maintaining effective monetary policy. It allows for smoother economic adjustments, prevents excessive unemployment, and addresses potential biases in …
Inflation fell to 2.2% in Europe, clearing the way for a European ...
WEBAug 30, 2024 · FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S. Federal Reserve prepare to lower borrowing costs to support growth and jobs.
European Central Bank cuts interest rates again and lowers …
WEBSep 12, 2024 · The ECB’s key interest rate — which helps to price all sorts of loans and mortgages across the bloc — is currently at 3.75% after years of aggressive hikes. Read the full story here. — Annette...
The euro area inflation outlook: - European Central Bank
WEBAug 30, 2024 · Disinflation in the euro area has proceeded rapidly. Headline inflation fell from a peak of 10.6% in October 2022 to 2.6% in July of this year. Data released yesterday suggest that in August inflation has declined further in parts of the euro area. These are welcome developments.
European Central Bank leaves key interest rate at 3.75%, waits for ...
WEBJul 18, 2024 · The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again.