ECB cannot commit to rate path even after first cut, Lagarde says FRANKFURT: The European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts... Published 20 Mar, 2024 04:56pm
Markets Yen sinks as currency traders keep short and carry on SINGAPORE: The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth... Published 23 Feb, 2024 08:55am
Markets ECB’s Lagarde hopes to join economists’ ‘tribe’ she criticised FRANKFURT: European Central Bank Christine Lagarde said on Thursday she hoped to join the “tribe” of professional... Published 15 Feb, 2024 05:14pm
Business & Finance Economists pilloried for getting forecasts wrong PARIS: Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global... Updated 04 Feb, 2024 10:10pm
Business & Finance US dollar up slightly after GDP data NEW YORK: The US dollar edged higher on Thursday after data showed the world’s largest economy grew at a faster... Published 26 Jan, 2024 04:58am
Business & Finance US dollar little changed ahead of BOJ, ECB meetings NEW YORK: The US dollar was little changed to slightly lower against a basket of currencies on Monday ahead of... Published 23 Jan, 2024 05:14am
Markets European shares slide more than 1pc on hawkish ECB remarks PARIS: European shares declined on Wednesday as more hawkish remarks from European Central Bank (ECB) officials... Published 18 Jan, 2024 05:54am
Business & Finance ECB’s Lagarde says summer rate cut ‘likely’ DAVOS: The European Central Bank could start cutting interest rates this summer, president Christine Lagarde said... Published 17 Jan, 2024 05:09pm
Markets European shares advance amid increasing rate cut hopes PARIS: European shares ended higher on Friday as bond yields fell after soft US data spurred hopes of early interest... Published 13 Jan, 2024 05:38am
Business & Finance ECB chief Lagarde admits her son lost crypto cash FRANKFURT: No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who... Published 24 Nov, 2023 05:53pm
Markets European shares at two-month high PARIS: European shares hit a two-month high on Wednesday, led by rate-sensitive real estate stocks, while British... Published 23 Nov, 2023 03:19am
Business & Finance Lagarde warns against premature inflation celebration FRANKFURT: The European Central Bank has time now to assess how inflation unfolds after a record string of rate ... Published 22 Nov, 2023 05:48am
Markets ECB’s Lagarde: confident over 2% inflation target and Europe’s winter gas situation PARIS: European Central Bank President Christine Lagarde said in an interview published on Sunday that she was... Updated 08 Oct, 2023 01:28pm
Business & Finance Global economic transformation risks fuelling inflation: Lagarde JACKSON HOLE (Wyoming): Profound changes in how the global economy operates, from increased protectionism to energy... Published 28 Aug, 2023 06:27am
Opinion ‘Interest hammer’ This is apropos a Business Recorder front page photograph titled “Interest hammer’ carried by the newspaper... Published 29 Jul, 2023 05:28am
Markets Oil prices steady near 3-month highs LONDON: Oil prices were steady on Tuesday, hovering near three-month highs as signs of tighter supplies and pledges... Updated 25 Jul, 2023 05:30pm
Markets Euro zone bond yields tick up, inflation data in focus LONDON: Euro zone bond yields rose on Thursday as headline inflation data from several European markets came in... Published 29 Jun, 2023 05:33pm
Business & Finance Yen sags to 15-year low vs euro after BOJ rate decision NEW YORK: The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its... Published 19 Jun, 2023 06:55am
Business & Finance ECB hikes rates to 22-year high and says not done yet FRANKFURT: The European Central Bank hiked interest rates to a 22-year high Thursday and said another increase in... Updated 15 Jun, 2023 07:55pm
Business & Finance Euro up after Lagarde promises rate hike WASHINGTON: The euro recovered from a two-month low Thursday after European Central Bank (ECB) President Christine... Published 02 Jun, 2023 03:56am
Business & Finance ECB slows rate hike pace but signals more to come FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more... Published 05 May, 2023 06:44am
Business & Finance Euro zone yields set for biggest weekly rise since Dec PARIS: Euro zone government bond yields were set for their biggest weekly rise of 2023 as fears of a banking crisis... Published 15 Apr, 2023 06:19am
World Eurozone inflation to slow but ‘considerable uncertainty’: Lagarde BERLIN: The high rate of inflation in the eurozone ought to come down over the coming months, European Central Bank... Published 14 Apr, 2023 05:05pm
Business & Finance ECB chief warns financial tensions may hit eurozone FRANKFURT: Recent financial turbulence could add to “downside risks” in the eurozone, European Central Bank chief... Published 22 Mar, 2023 05:49pm
Markets ECB to watch bank rates for signs of stress, Lagarde says FRANKFURT: The European Central Bank’s interest rate increases are just starting to take effect on the economy but... Published 22 Mar, 2023 03:00pm
Markets Market turmoil tests ECB rate hike appetite FRANKFURT: European Central Bank governors will meet Thursday, with fears over a widening banking crisis testing... Published 16 Mar, 2023 10:33am
World ECB facing high core inflation in the near term, Lagarde says FRANKFURT: Underlying inflation in the euro zone will stay high in the near term so a 50 basis point European... Published 05 Mar, 2023 11:02am
Business & Finance More interest rate hikes may be needed, says ECB’s Lagarde FRANKFURT: More interest rate increases may be needed beyond the one coming later this month, European Central Bank... Published 02 Mar, 2023 06:49pm
Business & Finance ECB raises rates, signals at least one more hike FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one... Published 03 Feb, 2023 06:17am
Business & Finance Interest rates need to rise at 'steady pace': ECB chief ESCHBORN: European Central Bank chief Christine Lagarde said Monday that interest rates need to continue rising at a... Published 24 Jan, 2023 01:29am
