Andrew Langley

Sep 18, 2024 | bloomberg.com | Andrew Langley

The European Central Bank may have to quicken the pace that it lowers interest rates to avoid inflation falling short of forecasts, Governing Council member Mario Centeno told Politico. “Given the position in which we are today, in the monetary policy cycle, we have really to minimize the risk of undershooting, because that’s the main risk,” Centeno was cited as saying.

Sep 12, 2024 | bloomberg.com | Anchalee Worrachate |Alice Atkins |Andrew Langley

Las pistas sobre cuándo volverá a recortar las tasas de interés el Banco Central Europeo fueron escasas el jueves, dado que la presidenta Christine Lagarde y sus colegas están a la espera de datos sobre cuán drástico es el deterioro de la economía y cómo afectará esto la inflación. Al bajar su tasa de depósito por segunda vez este año en un cuarto de punto porcentual —como se esperaba—, el BCE reafirmó que no se comprometerá a tomar un rumbo particular para sus costos de endeudamiento.

Sep 12, 2024 | bloomberg.com | Anchalee Worrachate |Alice Atkins |Andrew Langley

Clues on when the European Central Bank will next cut interest rates were in short supply on Thursday, with President Christine Lagarde and colleagues awaiting data on how drastically the economy is deteriorating — and how that will shift inflation. In lowering its key deposit rate by a quarter-point for the second time this year — as expected — the ECB reaffirmed that it won’t commit to a particular course for borrowing costs. Lagarde simply said that the downward trajectory is “pretty obvious.”

Sep 12, 2024 | finance.yahoo.com | Anchalee Worrachate |Alice Atkins |Andrew Langley

(Bloomberg) -- Clues on when the European Central Bank will next cut interest rates were in short supply on Thursday, with President Christine Lagarde and colleagues awaiting data on how drastically the economy is deteriorating — and how that will shift inflation.

Aug 25, 2024 | business-standard.com | Vince Golle |Andrew Langley

US inflation figures in the coming week will reinforce that long-awaited interest-rate cuts are coming soon, while a reading on consumer spending is seen indicating that the central bank has been successful at keeping the expansion intact. Economists see the personal consumption expenditures price index excluding food and energy - the Fed's preferred measure of underlying inflation - rising 0.2% in July for a second month.