European Central Bank President Christine Lagarde hinted at the possibility of lowering borrowing costs in June, potentially becoming the first major central banker to do so. Lagarde's move is attributed to Europe's slow economic growth. Federal Reserve Chair Jay Powell aims to delay rate cuts until July, focusing on job creation figures.
"Powell will cite this headline job creation figure all day long and on Sunday if he can push out the first rate cut til July. I think that’s his goal." https://t.co/3CPAf4C0Rf
European Central Bank President Christine Lagarde hinted that she might lower borrowing costs in June, which could make her the first major central banker to do so. Francesco Guerrera says that this is mainly because Europe's economy is growing slowly https://t.co/tJa1ugbt1a https://t.co/9vAdgR9OMw
📺 ECB President Christine Lagarde hinted she may lower borrowing costs in June. That could make her the first major central banker to ease policy, ahead of Fed boss Jay Powell. But, @guerreraf72 argues, that’s only due to Europe’s slow growth. Watch 👉 https://t.co/d9uwJCXcIp https://t.co/2ZU5MRS1fU
European Central Bank President Christine Lagarde hinted she may lower borrowing costs in June. That could make her the first major central banker to ease policy. But, Francesco Guerrera argues, that’s only due to Europe’s slow growth https://t.co/tJa1ugbt1a https://t.co/6OvkdcnYRi
Momentum is building for the June interest-rate cut that ECB President Christine Lagarde flagged on Thursday https://t.co/qbOi2XYszQ
#Powelll really, really wants to pull off a soft landing, which puts him in another league than most of his predecessors, who faced a #recession after their major tightening cycle. In addition, the #ECB, which has opened the door to a June rate cut, should follow as GDP growth… https://t.co/mK8WOrIgDi