European Central Bank President Christine Lagarde indicated that policymakers are considering lowering interest rates in June, with more data expected by then. Lagarde emphasized the importance of data in decision-making and stated that the ECB will act independently of the Federal Reserve. The Governing Council discussed a new statement on the capital market union and expressed confidence in progress towards the inflation target. Various ECB officials, including Villeroy and Simkus, suggested that rate cuts are likely in June, with some openness to cuts in April. The ECB policymakers are leaning towards a rate cut in June, with some considering back-to-back cuts in June and July.
⚠️ TRADERS KEEP BETS ON JUNE FOR FIRST FED RATE CUT AFTER INFLATION DATA Full Story → https://t.co/05fnfEa7KU Federal Reserve policymakers are still seen starting interest-rate cuts in June, even as a government report showed consumer prices rose last month more than… https://t.co/zA9UqaJE0N
TRADERS STILL SEE JUNE AS MOST LIKELY START OF FED RATE CUTS AFTER INFLATION DATA
❖ TRADERS STILL SEE JUNE AS MOST LIKELY START OF FED RATE CUTS AFTER INFLATION DATA
Florida education officials and civil rights attorneys agreed to a settlement Monday, ending a yearslong legal battle over the controversial state law critics dubbed "Don't Say Gay." https://t.co/1IIsTw8Fcv
Fed to start rate cuts in June; risk fewer delivered this year: Reuters poll https://t.co/Mw0CdTJi5F https://t.co/6xhlRqQfcM
Fed to start rate cuts in June; risk fewer delivered this year. #Poll #Inflation https://t.co/fokVOiKyWF
Rate cuts in June 🙄 https://t.co/zq7PYtFLCx
POLL: 72 Of 108 Economists See First Fed Cut In June - RTRS - 52 Of 108 Economists See Rate Cuts Of 75bps Or Less In 2024 - 26 Of 108 Economists See Rate Cuts Of 100bps Or Less In 2024 - 38 Of 44 Economists Say Bigger Risk March Dot Plot Shows Fewer Rate Cuts
POLL: 72 Of 108 Economists See First Fed Cut In June - RTRS - 52 Of 108 Economists See Rate Cuts Of 75bps Or Less In 2024 - 26 Of 108 Economists See Rate Cuts Of 75bps Or Less In 2024 - 38 Of 44 Economists Say Bigger Risk March Dot Plot Shows Fewer Rate Cuts
⚠️ FED TO START RATE CUTS IN JUNE; RISK FEWER DELIVERED THIS YEAR- REUTERS POLL Full Story → https://t.co/IWgrklflYJ https://t.co/BhoxgNSyNt
❖ REUTERS POLL-FEDERAL RESERVE TO FIRST CUT FED FUNDS RATE IN JUNE, SAY 72 OF 108 ECONOMISTS ❖ REUTERS POLL-FEDERAL RESERVE TO CUT RATES BY 75 BPS OR LESS IN 2024, SAY 52 OF 108 ECONOMISTS; 26 SAY 100 BPS ❖ REUTERS POLL-BIGGER RISK MARCH DOT PLOT SHOWS FEWER RATE CUTS, SAY…
🔴 POLL: THE FEDERAL RESERVE ARE TO CUT RATES BY 75 BPS OR LESS IN 2024, SAY 52 OF 108 ECONOMISTS; 26 SAY 100 BPS.
REUTERS POLL-FEDERAL RESERVE TO FIRST CUT FED FUNDS RATE IN JUNE, SAY 72 OF 108 ECONOMISTS || REUTERS POLL-FEDERAL RESERVE TO CUT RATES BY 75 BPS OR LESS IN 2024, SAY 52 OF 108 ECONOMISTS; 26 SAY 100 BPS REUTERS POLL-BIGGER RISK MARCH DOT PLOT SHOWS FEWER RATE CUTS, SAY 38 OF 44…
🔴 POLL: THE FEDERAL RESERVE ARE TO FIRST CUT THE FED FUNDS RATE IN JUNE, SAY 72 OF 108 ECONOMISTS.
💡 They Said It - Recent Comments of ECB Governing Council Members - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/jzb0Dz8jCe
ECB rate cut coming, but not just yet, says Governing Council's Kazimir https://t.co/l5TxuiBGKv https://t.co/RHJCIjME1a
⚠️ ECB RATE CUT COMING, BUT NOT JUST YET, SAYS GOVERNING COUNCIL'S KAZIMIR Full Story → https://t.co/S3JPCjOPcw The European Central Bank is increasingly confident that inflation is coming down, but should still hold off on an interest rate cut until June, Slovak Governing… https://t.co/nS3P8zroyQ
ECB's Kazimir : Cutting Rates Now Would Be Premature - Favours Smooth, Steady Cycle Of Policy Easing - Confidence To Cut Rates Will Only Come In June
🔴 ECB'S KAZIMIR: CONFIDENCE TO CUT RATES WILL ONLY COME IN JUNE.
Some #ECB policymakers float back-to-back June, July cuts. https://t.co/AA4DWD4sxI
Momentum builds for a June ECB rate cut https://t.co/arktc1qBhv
📺 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
Exclusive: Some ECB policymakers float back-to-back June, July cuts, sources say https://t.co/kv1ZjtjFPT https://t.co/u68NlYk4p6
💡 ECB’s Rehn: Risk of Cutting Prematurely ‘Substantially Decreased’; ECB Not a Regional US Fed Bank - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/LT4O1IsyDV
⚠️ EXCLUSIVE-SOME ECB POLICYMAKERS FLOAT BACK-TO-BACK JUNE, JULY CUTS, SOURCES SAY Full Story → https://t.co/RGLy84upXM European Central Bank policymakers overwhelmingly back June for a first interest rate cut and some have informally floated the idea of a further move in… https://t.co/NkLWwKgaZA
Some ECB Policymakers Float Back-To-Back June, July Cuts, Sources Say - Yahoo https://t.co/H8VUGdnV3q
Reports ECB Policymakers Overwhelmingly Favour June For First Interest Rate Cut - Some Policymakers Floated The Idea On The Sidelines Of Thursday's ECB Meeting Of A Second Cut In July, To Win Over A Small Group Still Pushing For An April Start
ECB POLICYMAKERS OVERWHELMINGLY FAVOUR JUNE FOR A FIRST INTEREST RATE CUT - SOURCES SOME POLICYMAKERS FLOATED THE IDEA ON THE SIDELINES OF THURSDAY'S ECB MEETING OF A SECOND CUT IN JULY, TO WIN OVER A SMALL GROUP STILL PUSHING FOR AN APRIL START - SOURCES
ECB POLICYMAKERS OVERWHELMINGLY FAVOUR JUNE FOR A FIRST INTEREST RATE CUT - RTRS SOME POLICYMAKERS FLOATED THE IDEA ON THE SIDELINES OF THURSDAY'S ECB MEETING OF A SECOND CUT IN JULY, TO WIN OVER A SMALL GROUP STILL PUSHING FOR AN APRIL START - RTRS
🔴 SOME POLICYMAKERS FLOATED THE IDEA ON THE SIDELINES OF THURSDAY'S ECB MEETING OF A SECOND CUT IN JULY, TO WIN OVER A SMALL GROUP STILL PUSHING FOR AN APRIL START - SOURCES.
🔴 ECB POLICYMAKERS OVERWHELMINGLY FAVOUR JUNE FOR A FIRST INTEREST RATE CUT - SOURCES.
No change after the jobs report. Market still expecting the first rate cut in June and 4 cuts by year-end (Fed Funds Rate down to 4.25-4.50%). https://t.co/3aF0aIDNdz
"We are forecasting that the Fed will begin cutting rates in June of this year," BofA Securities senior US equity strategist Jill Carey Hall says. "We're looking for three cuts this year and four cuts next year." https://t.co/Ket89unLn6
Odds of a June cut are up it 81%. The Fed hasn't changed rates since last July.
Little change in Fed cut expectations for June post-payroll data: Yesterday: 74.2% Post-NFP: 79.4% #VeryEarlyReaction #NFP #FOMC #Rates #Economy
Little change in Fed cut expectations for June post-payroll data: Yesterday: 57.1% Post-NFP: 56.6% #VeryEarlyReaction #NFP #FOMC #Rates #Economy
❖ TRADERS STILL SEE JUNE START TO FED RATE CUTS AFTER JOB REPORT, WITH ABOUT 30% CHANCE OF START MAY 1
TRADERS STILL SEE JUNE START TO FED RATE CUTS AFTER JOB REPORT, WITH ABOUT 30% CHANCE OF START MAY 1
🔴 TRADERS STILL SEE A JUNE START TO FED RATE CUTS AFTER JOB REPORT, WITH ABOUT 30% CHANCE OF STARTING MAY 1.
Lagarde Signals ECB Cut in June With 2% Inflation in Sight “We did not discuss cuts for this meeting,” Lagarde said. “But we are just beginning to discuss the dialing back of our restrictive stance.” https://t.co/ddMJ7GO1x6
ECB officials back June cut with some keeping door open to April https://t.co/ucnkjsJSXh https://t.co/vieCSdx3dX
ECB Officials Back June Cut With Some Keeping Door Open To April - BBG https://t.co/HctZfAmKlW
🔴 ECB'S SIMKUS: EASING COULD TAKE THE FORM OF A SERIES OF 25 BPS CUTS.
🔴 ECB'S SIMKUS: A CUT IN APRIL CANNOT BE RULED OUT BUT THE PROBABILITY IS LOW.
🔴 ECB'S SIMKUS: A CUT IN INTEREST RATES IN JUNE IS VERY LIKELY.
ECB'S SIMKUS: THERE ARE ALL CONDITIONS TO MOVE TO A LESS RESTRICTIVE MONETARY POLICY || CUT IN INTEREST RATES IN JUNE IS VERY LIKELY || CUT IN APRIL CANNOT BE RULED OUT BUT PROBABILITY IS LOW || THERE ARE NO REASONS FOR CUTS OF MORE THAN 25BP AT A TIME || EASING COULD TAKE THE…
🔴 ECB'S SIMKUS: CUTS COULD COME AT FORECAST MEETINGS.
ECB's Simkus: Cut In Interest Rates In June Very Likely -Cut In April Cannot Be Ruled Out But Probability Is Low
🔴 ECB'S SIMKUS: JUNE IS THE POSSIBLE MONTH FOR A RATE CUT.
🔴 ECB'S SIMKUS: AN APRIL CUT IS POSSIBLE BUT THE LIKELIHOOD IS LOW.
ECB will very likely cut rates in April or June, Villeroy says https://t.co/ZORPDaRxXW via @WHorobin https://t.co/m3UqqbylW7
ECB Will Very Likely Cut Rates in April or June, Villeroy Says https://t.co/bj0iU3MfcT
🔴 ECB'S REHN: THE ECB WILL REVIEW MATTER OF RATE CUTS IN APRIL AND JUNE.
ECB’s Rehn: Risks Of Premature Rate Cut Have Substantially Decreased - Will Review Matter Of Rate Cuts In April And June
🔴 ECB'S KAZAKS: THE ECB WON'T BE ON AUTOPILOT ONCE RATE CUTS BEGINS.
🔴 ECB'S KAZAKS: THE ECB COULD TAKE PAUSES ON ITS RATE-CUTTING JOURNEY.
*VILLEROY: VERY LIKELY ECB WILL CUT RATES IN APRIL OR JUNE Well April just got ruled in a bit more... has to be trading with at least 30% odds vs. markets at 15% right now $EUR https://t.co/qx2zT1dojT
ECB’s Villeroy: Very Likely ECB Will Cut Rates In April Or June - Need To Avoid Haste On Rates And Acting Too Late
🔴 ECB'S VILLEROY: A RATE CUT IN SPRING IS VERY LIKELY, SPRING IS FROM APRIL TO JUNE 21ST.
ECB'S VILLEROY: RATE CUT IN SPRING 'VERY LIKELY', SPRING IS FROM APRIL TO JUNE 21
🔴 ECB'S VILLEROY: WE'RE MORE AND MORE CONFIDENT ON THE INFLATION GOAL.
⚠️ ANALYSIS-MARKETS SEE CLEARER ECB RATE-CUT ROADMAP AS INFLATION FOG LIFTS Full Story → https://t.co/VeodRxcGdK Investors are increasingly confident the European Central Bank may lead global peers with a rate cut in June as new economic projections put on-target inflation in… https://t.co/wWYKEptZNU
We are making good progress towards our 2% inflation target, said President Christine @Lagarde at today’s press conference after the ECB kept interest rates unchanged. Watch the press conference https://t.co/5xZ14FoUNq https://t.co/lTLhglLKXW
European Central Bank viewed as on track for June interest-rate cut https://t.co/vLVUfaGY09
ECB President Christine Lagarde signals a June rate cut may be possible, with 2% inflation in sight https://t.co/jUWxuQSNvK
💡 ECB Insight: Lagarde Confirms That June Meeting the One to Watch: ‘We Will Know a Lot More in June’ - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/U1yJ91Lzyn
Lagarde signals an ECB cut in June with 2% inflation in sight https://t.co/yiBsKF0UZT via @weberalexander https://t.co/qjnYyAILuX
European Central Bank President Christine Lagarde signaled that policymakers may be in a position to lower interest rates in June https://t.co/Wz5yhftzHa
Heads Up:💶 ECB President Lagarde Speech due at 15:00 GMT (15min) https://t.co/ZZqmzxe49k
#ECB’s Lagarde signals June rate cut w/2% #inflation in sight. Markets agree and price in 97bps cut for 2024. https://t.co/EqUINDolIZ
🔴 ECB'S PRESIDENT LAGARDE: I DIDN'T SAY THERE WAS NO RUSH.
🔴 ECB'S PRESIDENT LAGARDE: THE ECB WILL ACT INDEPENDENTLY OF WHAT THE FED DOES.
ECB’s Lagarde: It Matters That We Have More Data In June
🔴 ECB'S PRESIDENT LAGARDE: IT MATTERS THAT WE HAVE MORE DATA IN JUNE.
🔴 ECB'S PRESIDENT LAGARDE: WE HAVE BEGUN DISCUSSING DIALLING BACK OUR RESTRICTIVE STANCE.
🔴 ECB'S PRESIDENT LAGARDE: WE HAVE NOT DISCUSSED RATE CUTS AT THIS MEETING.
Listening to another impressive performance by ECB President Lagarde at her press conference. She comes across as informed, balanced, engaged, engaging, and confident. @ecb #centralbanks #economy @markets @largarde #econtwitter
🔴 ECB'S PRESIDENT LAGARDE: I WON'T COMMIT TO PACE OF FUTURE RATE MOVES.
🔴 ECB'S PRESIDENT LAGARDE: WE'RE STILL IN THE HOLDING SEASON, WE'LL MOVE TO RESTRICTIVINESS SEASON AND THEN NORMNALISATION.
ECB’s Lagarde: We're Still In The Holding Season, We'll Move To Restrictiviness Season And Then Normnalisation
🔴 ECB'S PRESIDENT LAGARDE: MY STRONG EXPECTATIONS IS THAT IT WILL BE COMPLETED ON MARCH 13TH.
ECB’s Lagarde: Strong Expectation Is Framework Completed On March 13
🔴 ECB'S PRESIDENT LAGARDE: WE DISCUSSED THE FRAMEWORK YESTERDAY TO ARRIVE AT A CONSENSUS.
🔴 ECB'S PRESIDENT LAGARDE: MARKET EXPECTATIONS SEEM TO BE CONVERGING BETTER.
🔴 ECB'S PRESIDENT LAGARDE: WE WILL NOT WAIT UNTIL WE ARE AT 2%.
ECB’s Lagarde: We Will Not Wait Until We Are At 2%
"We will know a little more in April but we will know A LOT more in June" The ECB plans on cutting in June
🔴 ECB'S PRESIDENT LAGARDE: I EXPECT 4Q WAGE DATA TOMORROW TO SHOW A SLOWDOWN.
🔴 ECB'S PRESIDENT LAGARDE: THE ONLY UNDERLYING INDICATOR THAT ISN'T DECLINING IS DOMESTIC INFLATION.
🔴 ECB'S PRESIDENT LAGARDE: THE ECB DECISION WAS UNANIMOUS.
🔴 ECB'S PRESIDENT LAGARDE: THE DATA IS DIRECTIONALLY GOOD BUT NOT STRONG OR DURABLE ENOUGH.
ECB’s Lagarde: Broad Agreement On Fact We'll Get More Info In June - Broad Agreement We Won't Change View On Single Data Point - Data Directionally Good But Not Strong Or Durable Enough - Unanimous Decision
🔴 ECB'S PRESIDENT LAGARDE: IT'S CLEARLY A POSITIVE SIGNAL BUT THERE IS NOT ENOUGH YET.
President @Lagarde has just presented the Governing Council’s monetary policy statement. Read the statement https://t.co/QAgO3yF5HF https://t.co/KcYTcLY2RI
🔴 ECB'S PRESIDENT LAGARDE: WE'RE SEEING GENERAL MODERATION IN UNDERLYING INFLATION.
🔴 ECB'S PRESIDENT LAGARDE: WE'LL KNOW A LITTLE MORE IN APRIL AND A LOT MORE IN JUNE.
🔴 ECB'S PRESIDENT LAGARDE: DATA WILL COME IN THE NEXT FEW MONTHS, WE WILL KNOW A LOT MORE IN JUNE.
ECB’s Lagarde: We're Making Progress In Disinflationary Process - We're More Confident About Hitting Goal, But Not Sufficiently Confident - Data Will Come In Next Few Months, We Will Know A Lot More In June
🔴 ECB'S PRESIDENT LAGARDE: WE ARE NOT SUFFICIENTLY CONFIDENT ON INFLATION.
🔴 ECB'S PRESIDENT LAGARDE: WE ARE MAKING GOOD PROGRESS TOWARD INFLATION TARGET.
🔴 ECB'S PRESIDENT LAGARDE: WE'RE MAKING PROGRESS IN THE DISINFLATIONARY PROCESS.
🔴 ECB'S PRESIDENT LAGARDE: THE GOVERNING COUNCIL AGREED ON A NEW STATEMENT ON CAPITAL MARKET UNION, TO BE PUBLISHED TODAY.