While Frankfurt, as predicted, kept rates unchanged on Thursday, policymakers signalled the possibility of a rate cut at their next meeting in June
Christine Lagarde
The ECB currently expects that euro zone inflation, which was running at 2.4 per cent last month, will reach its target by the middle of next year
Latest increase expected to bring increase in loan arrears, given the number of homeowners set to see fixed rates expire
Move mooted as compromise to reassure southern bloc countries that favour an earlier shift to lower rates
Comments by Fed chair Jay Powell come a day after ECB signalled possible movement in June
‘We clearly need more evidence,’ says ECB president Christine Lagarde as projections see inflation hitting 2% target next year
Markets expect Frankfurt to implement a sequence of rate cuts in the second half of 2024 but to proceed with cautious quarter-point reductions
History has warned that the last stage of returning inflation to central bank targets is often the most difficult
ECB has opened the door to loosening monetary policy this year
State hosted European Central Bank governing council meeting in May 2007, before the global financial crisis
Staff assail bank’s president for not focusing on monetary policy
Despite the cynicism, Davos remains the biggest meeting of business and politics anywhere in the world
Christine Lagarde says euro zone borrowing costs likely to fall in summer, later than markets expected
As inflation falls, speculation that Frankfurt will begin to loosen the monetary reins sooner-than-expected has increased, but when can we expect the first rate cut
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