European Central Bank (ECB) officials express concerns about potential rate cuts due to a possible euro-area recession and slowing inflation. Governing Council member Madis Muller suggests that high ECB rates are a smaller problem than high inflation and that there may not be a need to increase rates further. Nigeria's central bank pledges to restore price stability and steady the country's currency, signaling tighter monetary policy. ECB Vice President Luis de Guindos warns of downside risks to the euro-area growth outlook. Inflation gauges in the US and euro zone are expected to reinforce the sentiment that interest rates won't be raised again.
Consumer confidence is rebounding, and the latest snapshot of business activity was better than expected. In short, the UK's economic resilience continues. That's good news — but it also means hopes for interest rate cuts may be overdone https://t.co/g6a844pPJy
Economists raise their benchmark interest rate predictions for Poland after the central bank unexpectedly halted its easing cycle in the first decision since the pro-European opposition secured a parliamentary majority https://t.co/ZBnesYlAvJ
Inflation gauges in the US and euro zone are set to reinforce sentiment that interest rates won’t be raised again https://t.co/71qeW2YiYi via @CraigStirling https://t.co/tH4iYQmIdW
Euro-zone inflation probably slowed this month to the weakest since July 2021 https://t.co/o8ruO2Mmvk
Inflation gauges in the US and euro zone are set to reinforce sentiment that interest rates won’t be raised again https://t.co/Z5Xz9DlhhF
Inflation gauges in the US and euro zone are set to reinforce sentiment that interest rates won’t be raised again https://t.co/IxDZYvJFF4
Inflation gauges in the US and euro zone are set to reinforce sentiment that interest rates won’t be raised again https://t.co/eTD7N4WpMU
Markets price the same 80 bps in cuts from the Fed (lhs) and ECB (rhs) in 2024, even though the US is booming while Europe stagnates. ECB is to blame for this. It keeps pointing to demand-led inflation, when big legacy output gaps and now stagnation make that extremely unlikely. https://t.co/N5f8D3dGtz
Brazil’s central bank has room to continue lowering interest rates as inflation is well-behaved even if still a bit above the target, Governor Roberto Campos Neto says https://t.co/NgwqOyLQx7
Sweden’s Riksbank is as likely to raise its benchmark rate as to keep it unchanged, the central bank's governor said https://t.co/b71Cof78tK
Sweden’s Riksbank is as likely to raise its benchmark rate as to keep it unchanged, the central bank's governor said https://t.co/IU8hlVQfR3
Sweden’s Riksbank is as likely to raise its benchmark rate as to keep it unchanged, the central bank's governor said https://t.co/nW1eimYPW6
ECB Vice President Luis de Guindos warns investors may hold an overly-optimistic view of the euro-zone economy https://t.co/ChKJreoOiy
Lagarde Says ECB Can Now Observe Impact of Its Rate Hikes https://t.co/tAUAWxN7KG
Nigeria cenbank to tighten policy to curb inflation, asks banks to boost capital https://t.co/yppMDwaxPr https://t.co/sK4bT0Smor
The Central Bank of Nigeria said it was committed to stabilizing the naira and clearing a backlog of local dollar demand https://t.co/G9TSTjQJ5p
The Central Bank of Nigeria said it was committed to stabilizing the naira and clearing a backlog of local dollar demand https://t.co/FO4kmviwUU
Nigeria’s central bank pledged to restore price stability and steady the country’s battered currency, signaling tighter monetary policy ahead. https://t.co/C4f2aH6p52
Nigeria’s central bank urged lenders to bolster their balance sheets in the face of high inflation, currency weakness and tepid economic growth. https://t.co/vCZ0CQOg4a
Nigeria’s central bank pledged to restore price stability and steady the country’s battered currency, signaling tighter monetary policy ahead. https://t.co/G9Fab5iaaH
Nigeria’s central bank pledged to restore price stability and steady the country’s battered currency, signaling tighter monetary policy ahead. https://t.co/JjONueXVfG
Nigeria’s central bank urged lenders to bolster their balance sheets in the face of high inflation, currency weakness and tepid economic growth. https://t.co/E09yMzLOjR
ECB probably won’t need to increase rates again, Muller says https://t.co/IoJQLnXUKs https://t.co/ccuva9PxXD
The European Central Bank will likely be able to refrain from increasing borrowing costs again, according to Governing Council member Madis Muller https://t.co/Ydcg7nmgiR
The European Central Bank will likely be able to refrain from increasing borrowing costs again, according to Governing Council member Madis Muller https://t.co/Rt8723dntq
The European Central Bank will likely be able to refrain from increasing borrowing costs again, according to Governing Council member Madis Muller https://t.co/5oNBH2q1HC
🔸 MULLER: HIGH ECB RATES ARE SMALLER PROBLEM THAN HIGH INFLATION
🔴 ECB'S MULLER: HIGH ECB RATES ARE A SMALLER PROBLEM THAN HIGH INFLATION.
🔸 ECB'S MULLER: INFLATION CLEARLY SHOWING TREND OF SLOWING 🔸 ECB'S MULLER: PROBABLY WE DON'T NEED TO INCREASE RATES ANYMORE
🔴 ECB'S MULLER: INFLATION CLEARLY SHOWING TREND OF SLOWING.
🔴 ECB'S MULLER: PROBABLY WE DON'T NEED TO INCREASE RATES ANYMORE.
"For our part, we think the ECB probably cuts rates earlier than they themselves would expect." @PantheonMacro's @ClausVistesen offers his outlook for the Eurozone and the prospects for a shallow recession in Germany. https://t.co/p1SVy9uJ4B
Euro-zone inflation probably slowed this month to the weakest since July 2021 https://t.co/Gp4vNbf5Rh
Euro-zone inflation probably slowed this month to the weakest since July 2021 https://t.co/E7bNC9cYId
Euro-zone inflation probably slowed this month to the weakest since July 2021 https://t.co/9hLro4hmv2
Euro-zone inflation seen back at mid-2021 low may reassure the ECB https://t.co/gcTYrOKEAA via @CraigStirling https://t.co/dDjFqvFxuW
Euro-area growth outlook faces downside risks, ECB’s Guindos says https://t.co/t5c4N3OGpQ via @rorihuela @weberalexander https://t.co/gNkc7MPgsd
🔴 ECB'S DE COS: A EURO-AREA RECESSION IS POSSIBLE.
EU bond selloff... First, ECB officials continued to push back on rate cuts. For instance, Bundesbank President Nagel said that it’d be “a mistake to loosen our monetary policy stance too early”, and Irish central bank governor Makhlouf said “I would not rule out today that we… https://t.co/z7Yr4v4Ccx