ECB President: Bulgaria in Final Stretch Toward Euro Introduction
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ECB President: Bulgaria in Final Stretch Toward Euro Introduction
Bulgaria is in the final stage of its long and dedicated efforts to join the euro, European Central Bank President Christine Lagarde said Monday in a Facebook post. “Just 25 days until Bulgaria joins the euro – the final stretch of a long and dedicated effort,” Lagarde wrote. On Monday, the day sal»»»
Eurozone inflation slows despite rising cost of services
Numbers suggest the ECB will likely be reluctant to lower interest rates any further for the foreseeable future. AI generated Text-to-speech Inflation in the eurozone edged down in October as higher prices for food and industrial goods were offset by another drop in energy costs. According to »»»
ECB Moves Closer to Launching Digital Euro Pilot
The European Central Bank (ECB) has entered the next stage in developing the digital euro, a project designed to ensure Europe’s currency remains fit for the digital age. The ECB’s Governing Council has approved a new phase aimed at achieving the technical readiness needed for its first pilot issua»»»
Eurozone inflation ticks up, bolstering ECB's case for staying on hold
Inflation in the eurozone accelerated in September on higher services prices and a smaller decline in energy costs, official data showed on Wednesday, likely reinforcing bets on the European Central Bank (ECB) keeping interest rates on hold for some time. Inflation in the 20 nations sharing the eur»»»
ECB President Presents Full Set of Bulgarian Euro Cents: From 1 to 50
European Central Bank (ECB) President Christine Lagarde has unveiled the design of Bulgaria’s euro cent coins. In a post on Facebook, she shared photos of the coins in denominations of 1, 2, 5, 10, 20 and 50 cents, describing the event as “exciting news for Bulgaria and the euro area.” Lagarde expl»»»
European Central Bank chief says interest rate path in good position, committed to 2% target
European Central Bank (ECB) President Christine Lagarde stated on Friday that the current interest rate path is in a "good position" and that the bank remains committed to its medium-term inflation target of 2%. “Our determination, our commitment, and our duty are to keep price stability, and price»»»
European Central Bank set for first back-to-back interest rate cut in 13 years
The European Central Bank is widely expected to announce its third interest rate cut of the year at its Thursday meeting, after policymakers flagged reduced inflation risks and a weakening growth outlook. Headline price rises in the euro area eased to 1.8% in September, coming in below the central »»»
January ECB cheat sheet: Expect the expected
This Thursday’s ECB decision will almost certainly be a 25bp rate cut. Governing Council members have given very strong hints that rates would be lowered again in their latest comments, most recently in Davos. Our baseline view is that President Christine Lagarde will broadly repeat December’s comm»»»
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