TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: ECB Rates Are Still Restrictive - Lagarde

Rates remain restrictive, even after October cut, ECB head says.
BundesbankCentral Bank NewsPolicy NewsHomepageStoryCEEMEAEurozoneGermanyBriefGlobalEuropean Central BankRegion

MNI (LONDON) - There is "no doubt" that interest rates are still restrictive, European Central Bank President Christine Lagarde said on Thursday, but she also noted that the Governing Council did not see the eurozone slipping into recession.

"On the basis of the information that we have, we do not see a recession. We are still looking at a soft landing. We are concerned about growth to the extent that it impacts inflation and we have to be particularly attentive to both," she added after the ECB cut rates.

Keep reading...Show less
108 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

MNI (LONDON) - There is "no doubt" that interest rates are still restrictive, European Central Bank President Christine Lagarde said on Thursday, but she also noted that the Governing Council did not see the eurozone slipping into recession.

"On the basis of the information that we have, we do not see a recession. We are still looking at a soft landing. We are concerned about growth to the extent that it impacts inflation and we have to be particularly attentive to both," she added after the ECB cut rates.

Keep reading...Show less