European Central Bank (ECB) President Lagarde and other ECB officials have indicated that interest rates may not follow a linear declining path, with the possibility of holding rates for longer than a single meeting. Lagarde emphasized the need for caution in rate cuts due to significant uncertainty and the disinflationary process. ECB Vice President De Guindos highlighted the need to move slowly with prudence, while ECB's Vasle mentioned risks to the disinflation process and the impact of persistent wage gains.
🔵 ECB'S LAGARDE DODGES QUESTION ABOUT FRENCH MARKET TURMOIL European Central Bank President Christine Lagarde largely dodged a question about turmoil in French financial markets on Friday, merely saying the ECB would deliver on its inflation target. Full Story via Reuters on… https://t.co/KK4VUaGQ8a
ECB’s Lagarde says disinflation in the euro zone will be bumpy https://t.co/CxGaMnOC8v via @jrandow @jaskuzmanovic https://t.co/e3S5nf3Fp9
⚠️ 💡 ECB’s Lagarde: Selected Quotes From Press Encounter - @EconoStream on https://t.co/orvmA6WYlS Full Story → https://t.co/nOTKT6DpPO
ECB President Lagarde cuts interest rates, citing confidence in inflation levels. #ECB #Economy
🇪🇺 #ECB'S LAGARDE SPEAKS TO REPORTERS IN DUBROVNIK, CROATIA - BBG *LAGARDE: DISINFLATION WILL BE BUMPY *LAGARDE: HEADING TO DISINFLATIONARY PATH
ECB'S PRESIDENT LAGARDE: WE ARE HEADING TO THE DISINFLATIONARY PATH.
ECB'S VASLE: PERSISTENT WAGE GAINS COULD SLOW DISINFLATION
ECB'S VASLE: RISKS TO DISINFLATION PROCESS REMAIN
🇪🇺 #ECB GOVERNING COUNCIL MEMBER VASLE SPEAKS IN BRDO, SLOVENIA - BBG *ECB'S VASLE: PERSISTENT WAGE GAINS COULD SLOW DISINFLATION *ECB'S VASLE: RISKS TO DISINFLATION PROCESS REMAIN *ECB'S VASLE: INFLATION HAS SLOWED MARKEDLY IN RECENT MONTHS
ECB'S VASLE: PERSISTENT WAGE GAINS COULD SLOW DISINFLATION.
ECB'S VASLE: RISKS TO THE DISINFLATION PROCESS REMAIN.
💡 ECB’s Vasle: Further Rate Cuts Possible in 2024 If Data Allow it - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/JAmAHoIoCO
💡 ECB’s Vasle: Future Rate Cuts Will Be Gradual - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/ap8womgbJK
#ECB’s Vasle: There's Risk That Disinflation Process Could Slow Down - Wage Momentum Still Relatively Strong - More 2024 ECB Cuts Probable If Baseline Scenario Holds - If Baseline Scenario Holds Also More Cuts Next Year
ECB'S MULLER: RATES WILL PROBABLY STAY ABOVE AVERAGE FOR SOME TIME.
ECB’s Vasle says more 2024 cuts probable in baseline scenario https://t.co/3vyPN4BUI0 via @JanHanDun @CraigStirling https://t.co/XR1C9I9Dmp
ECB'S MULLER: WE HAVE NOT YET ACHIEVED OUR INFLATION TARGET
ECB'S MULLER: POSSIBLE INFLATION COULD TEMPORARILY RISE AGAIN
ECB'S MULLER: WAGE GROWTH IS STILL STRONG.
ECB'S MULLER: WE HAVE NOT YET ACHIEVED OUR INFLATION TARGET.
ECB'S MULLER: SERVICES INFLATION IS STILL RELATIVELY HIGH.
ECB'S MULLER: IT'S POSSIBLE INFLATION COULD TEMPORARILY RISE AGAIN.
ECB's Vasle: Possible for more rate cuts if baseline scenario holds https://t.co/IGJoHAmmDl
ECB’s Vasle: There's Risk That Disinflation Process Could Slow Down - Wage Momentum Still Relatively Strong - More 2024 ECB Cuts Probable If Baseline Scenario Holds - If Baseline Scenario Holds Also More Cuts Next Year
ECB'S VASLE: IF THE BASELINE SCENARIO HOLDS THERE WILL ALSO BE MORE CUTS NEXT YEAR.
ECB'S VASLE: MORE 2024 ECB CUTS ARE PROBABLE IF THE BASELINE SCENARIO HOLDS.
ECB'S VASLE: WAGE MOMENTUM IS STILL RELATIVELY STRONG.
ECB'S VASLE: THERE'S RISK THAT THE DISINFLATION PROCESS COULD SLOW DOWN.
💡 ECB’s Kazāks: Sharp Rate Cuts Unlikely in the Near Future - @EconoStream on https://t.co/orvmA6WYlS Full Story → https://t.co/ZuSZxxOeCd
💡 Principal Quote of ECB’s de Guindos - @EconoStream on https://t.co/orvmA6WYlS Full Story → https://t.co/qStrU6QhV5
💡 ECB’s de Guindos: ‘Huge’ Uncertainty Demands Caution for Future Rate Cuts - @EconoStream on https://t.co/orvmA6WYlS Full Story → https://t.co/Y9z9766IRm
🔵 ECB MUST CUT RATES 'VERY SLOWLY', SAYS VICE-PRESIDENT DE GUINDOS Full Story → https://t.co/rW3dbNoKkl The ECB must move "very slowly" in reducing interest rates because there is huge uncertainty over the inflation outlook, its vice-president Luis de Guindos said on…
ECB Vice President De Guindos voices concern over upcoming significant uncertainty.
ECB'S DE GUINDOS: THE ECB ARE STILL IN RESTRICTIVE TERRITORY ON RATES.
ECB'S DE GUINDOS: WE NEED TO MOVE VERY SLOWLY WITH LOTS OF PRUDENCE.
ECB'S DE GUINDOS: THE LEVEL OF UNCERTAINTY IS HUGE.
ECB'S DE GUINDOS: THE DISINFLATIONARY PROCESS HAS BEEN QUITE PROFOUND.
ECB can’t declare victory over inflation yet, Simkus says https://t.co/mv0jDaBeJ1 via @mseputyte https://t.co/odqcv9YqWT
💡 ECB’s Šimkus: More Rate Cuts Possible if Inflation Continues to Reach Target - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/idEyzQgvWC
#ECB'S Simkus: Too Early To Declare Victory Over Inflation - Rates Can Be Cut More If ECB Sure 2% Goal Will Be Met
ECB'S Simkus: Too Early To Declare Victory Over Inflation - Rates Can Be Cut More If ECB Sure 2% Goal Will Be Met
ECB'S SIMKUS: RATES CAN BE CUT MORE IF ECB IS SURE THE 2% GOAL WILL BE MET.
SIMKUS: RATES CAN BE CUT MORE IF ECB SURE 2% GOAL WILL BE MET
💡 ECB’s Lagarde: ‘Might Be Periods Where We Hold Rates Again’; Could Be More Than One Meeting - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/JvdydNseOl
The ECB must stay cautious, and last week’s cut in borrowing costs won’t necessarily be followed by further rapid moves, Christine Lagarde says https://t.co/J7t9tBp0XP
Lagarde says the ECB cut doesn’t put rate on a ‘linear declining path’ https://t.co/orybYGSWhh https://t.co/Y9696yfqg1
* ECB’S LAGARDE: DISINFLATION SUFFICIENTLY ADVANCED, TO CONTINUE @JohnSpall247 #ECB https://t.co/gOc88yiKnb
ECB’s Lagarde: ECB Could Wait Several Meetings Between Rate Cuts - MS https://t.co/Q4J8yJvHal
🔵 ECB COULD WAIT SEVERAL MEETINGS BETWEEN RATE CUTS, LAGARDE SAYS Full Story → https://t.co/6lcGeMUO1P European Central Bank interest rates are not on a linear downwards path and policymakers could at times wait more than one meeting before cutting them again, ECB President… https://t.co/LUf2ie6M38
ECB’S LAGARDE: POSSIBLE ECB WILL HOLD RATES FOR LONGER THAN A SINGLE MEETING ECB’S LAGARDE: INTEREST RATES NOT NECESSARILY ON A LINEAR DECLINING PATH; THERE MIGHT BE PERIODS WHEN WE HOLD - NEWSPAPER INTERVIEW
ECB Pres. Lagarde: Rates not necessarily on a linear declining path https://t.co/TIz5mIeNAr
⚠️ ECB'S LAGARDE: **INTEREST RATES NOT NECESSARILY ON A LINEAR DECLINING PATH; THERE MIGHT BE PERIODS WHEN WE HOLD - NEWSPAPER INTERVIEW **POSSIBLE ECB WILL HOLD RATES FOR LONGER THAN A SINGLE MEETING **KEEN TO SEE EVOLUTION OF LABOUR COSTS, CORPORATE PROFITS…
ECB'S PRESIDENT LAGARDE: TIME-DEPENDENT GUIDANCE ON RATES NOT HELPFUL.
🔴 ECB'S PRESIDENT LAGARDE: IT IS POSSIBLE ECB WILL HOLD RATES FOR LONGER THAN A SINGLE MEETING.
🔴 ECB'S PRESIDENT LAGARDE: INTEREST RATES ARE NOT NECESSARILY ON A LINEAR DECLINING PATH, THERE MIGHT BE PERIODS WHEN WE HOLD - NEWSPAPER INTERVIEW.