The inflation The eurozone continued its up-and-down movement in July, with a slight increase after a slight decline in June, maintaining uncertainty about a possible rate cut. ECB in September. Inflation in the 20 countries that share the single currency reached 2.6% on an annual basis, after 2.5% in June and 2.6% in May, driven […]
Tag: ECB
Almost 40% of the European Central Bank’s staff suffers from burnout syndrome
Almost 40% of the employees of the European Central Bank (ECB) have the burnout syndrome (burnout worker) and 9.1% harbor suicidal thoughts, according to a survey commissioned by the personnel committee which concludes that levels of exhaustion in the body have increased in recent years. The survey, to which EFE had access this Wednesday, was […]
ECB’s Lagarde: “We are well advanced on the path to disinflation”
The president of the European Central Bank (ECB), Christine Lagarde, said on Tuesday that the eurozone is “very advanced“on the path to disinflation but warned that there is still much uncertainty about the future. “We are well advanced on the path of disinflation and we are in a kind of slow recovery that came in […]
European Central Bank plans a pause before starting to lower interest rates
The European Central Bank (ECB), encouraged by slowing inflation, could pave the way this Thursday for an interest rate cut starting in June. Christine Lagardethe president of the ECB, said in March that the guardians of the euro did not have “enough confidence” to consider easing their monetary policy. But now they have reason to […]
Ecological transition will affect productivity in the short and medium term, says the ECB
The ecological transition will affect productivity growth in the short and medium term, due to the adjustments that companies will have to make to adapt to the reduction in emissions, but will boost it over a longer period of time, according to the European Central Bank (ECB). This Tuesday, the organization published a new article […]
ECB warns that European capital is going to the United States
Annually around 250,000 million euros in financing leave Europe, mainly to the United States, said the president of the European Central Bank (ECB), Christine Lagarde. Given this, he urged the integration of capital markets into the European Union (EU) so that these investments are made in Europe. During a meeting of eurozone economic leaders in […]
ECB expects inflation to fall in 2024, but the evolution of rates will depend on data
The president of the European Central Bank (ECB), Christine Lagardesaid this Thursday that the institution expects inflation to continue moderating in 2024, but insisted that its decisions on possible changes in interest rates will depend on the data it receives. In her last debate on monetary policy with the Economic Affairs Committee of the European […]
IMF estimates that central banks will lower interest rates in the coming months
He International Monetary Fund (IMF) estimated this Tuesday that the main central banks world will begin to lower interest rates in the coming months, expectedly in the second half of this year. “What we are seeing is that central banks will delay easing until the second half of 2024. And that is when we anticipate […]
IMF deputy managing director urges central banks to “act cautiously”
The deputy managing director of International Monetary Fund (IMF)Gita Gopinath, has urged central banks to “act with caution” and has estimated that, with the information currently available, the rate cuts would occur in the second half, not the first. The central banks “They must act with caution. “Once rates are cut, expectations of further cuts […]
Fed pivot dominates as global rate hike cycle falters in December
The long-awaited turn in the monetary policy of the Federal Reserve from the United States arrived in December, the main central banks developed countries applied only one increase in interest rates and the number of cuts accelerated even more in emerging markets. In December, eight of the central banks that oversee the 10 most traded […]