Loading...
Former ECB President Jean-Claude Trichet is confident that central banks around the world will be able to bring inflation down to 2% in the next couple of years. ECB officials have expressed different views on inflation, with some suggesting that wage growth and decreasing labor supply could keep up pressure on inflation. However, others have stated that progress is being made on underlying inflation but not enough, and that it is too early to start talking about cutting rates. Some ECB members believe that further rate hikes may be needed, while others think that risks are tilted towards higher inflation. The ECB is determined to get inflation back to 2% and believes that the economy and financial system are still adjusting to the change in interest rates by central banks. It is premature for the ECB to discuss lowering borrowing costs, according to Governing Council member Gabriel Makhlouf. IMF's Berger also emphasized the need for the ECB to be vigilant and see inflation through.
It’s premature for the ECB to discuss lowering borrowing costs, according to Governing Council member Gabriel Makhlouf https://t.co/RB2nZ5em6R
🔴 ECB’S MAKHLOUF: CORE INFLATION REMAINS A CHALLENGE BUT ITS A MUCH, MUCH BETTER PICTURE.
🔴 ECB’S MAKHLOUF: WE'RE LIVING IN UNCERTAIN TIMES, LET'S KEEP ALL OPTIONS ON THE TABLE AND NOT RULE THINGS OUT PREMATURELY.
🔴 ECB'S NAGEL: I DON'T LIKE THIS TALK OF WHEN WILL WE CUT RATES.
🔴 ECB'S NAGEL: THE DISCUSSION ON WHEN INTEREST RATES CAN BE CUT IS NOT HELPFUL; IT IS MUCH, MUCH TOO EARLY.
🇪🇺 ECB'S NAGEL: **DISCUSSION ON WHEN INTEREST RATES CAN BE CUT IS NOT HELPFUL, IT IS MUCH, MUCH TOO EARLY
It’s premature for the ECB to discuss lowering borrowing costs, according to Governing Council member Gabriel Makhlouf https://t.co/DfLUCx7Krd
It’s premature for the ECB to discuss lowering borrowing costs, according to Governing Council member Gabriel Makhlouf https://t.co/wXa7xPOVLs
🔴 ECB'S VUJCIC: INFLATION WILL DECLINE TOWARD OUR TARGET IN 2025.
🔴 IMF'S BERGER: THE ECB MUST BE VIGILANT AND SEE INFLATION THROUGH.
🔴 ECB’S MAKHLOUF: I DO NOT KNOW IF WE ARE GOING BACK TO A WORLD OF LOW RATES, THERE ARE TOO MANY VARIABLES.
🔴 ECB’S MAKHLOUF: WE MUST BE DETERMINED TO GET INFLATION BACK TO 2%.
🔴 ECB’S MAKHLOUF: IT'S ALSO TOO EARLY TOO DECLARE THAT WE HAVE REACHED THE TOP OF THE LADDER ON INTEREST RATES.
🔴 ECB’S MAKHLOUF: IT'S FAR, FAR TOO EARLY TO START TALKING ABOUT WHEN WE ARE GOING TO START CUTTING RATES.
🇪🇺 ECB'S MAKHLOUF: **TOO EARLY TOO DECLARE THAT WE HAVE REACHED THE TOP OF THE LADDER ON INTEREST RATES
🔴 ECB'S KAZAKS: WE CAN'T EXCLUDE THE POSSIBILITY THAT FURTHER RATE HIKES MAY BE NEEDED.
🔴 ECB'S WUNSCH: IT'S BECOME LESS LIKELY THAT WE NEED TO DO MORE.
🔴 ECB’S MAKHLOUF: A LARGE PART OF MONETARY TIGHTENING HAS YET TO BE PASSED THROUGH, WHILE SOME RISKS ARE FADING, NEW RISKS ARE EMERGING.
🔴 ECB'S WUNSCH: GETTING TO 2% INFLATION IN 2025 IS STILL A LONG WAY.
🔴 ECB'S WUNSCH: WE ARE ENTERING SOME FORM OF STAGFLATION.
🔴 ECB'S WUNSCH: GROWTH RISKS ARE TILTED TO THE DOWNSIDE.
🔴 ECB'S WUNSCH: RISKS ARE TILTED TOWARDS HIGHER INFLATION.
🔴 ECB'S WUNSCH: INFLATION HAS BEEN FALLING RAPIDLY.
🔴 ECB'S WUNSCH: RATE TIGHTENING HAS BEEN DOING ITS JOB.
🔴 ECB'S WUNSCH: WE'RE SET FOR A SOFT LANDING IN THE SHORT TERM.
🔴 ECB’S MAKHLOUF: THE ECONOMY AND FINANCIAL SYSTEM ARE STILL ADJUSTING TO THE CHANGE IN INTEREST RATES BY CENTRAL BANKS.
🔴 ECB’S LANE: WE ARE SEEING SOME PROGRESS ON UNDERLYING INFLATION BUT NOT ENOUGH.
🔴 ECB’S LANE: WE SHOULDN'T TAKE A LOT OF COMFORT FROM INFLATION AT 2.9%.
The ECB can reduce borrowing costs once it’s sure that consumer-price gains are headed back to the 2% target, Governing Council member Martins Kazaks says https://t.co/2snApB104L
⚠️ ECB MUST BE 'VIGILANT' AS INFLATION MAY SURPRISE, NAGEL SAYS Full Story → https://t.co/QyJ0WTBITI The European Central Bank must remain "vigilant" because inflation in the euro zone may still come in higher than expected, fuelled by wage growth and shrinking labour supply,… https://t.co/wlMIYedgqy https://t.co/qXxaiXTCZP
🔴 ECB'S NAGEL: LIVELY WAGE GROWTH, DECREASING LABOUR SUPPLY WILL KEEP UP PRESSURE ON INFLATION.
Former ECB President Jean-Claude Trichet is confident that central banks around the world will be able to bring inflation down to 2% in the next couple of years https://t.co/sieWX3QMPA
Former ECB President Jean-Claude Trichet is confident that central banks around the world will be able to bring inflation down to 2% in the next couple of years https://t.co/h1KYyrPbrb
Former ECB President Jean-Claude Trichet is confident that central banks around the world will be able to bring inflation down to 2% in the next couple of years https://t.co/JWdUprGJHH