BOC: IF THINGS EVOLVE AS EXPECTED, WILL BE APPROPRIATE TO CUT

BOC SAYS JUNE RATE CUT IS WITHIN REALM OF POSSIBILITIES

MNI BRIEF: Text Of BOC Press Conference Opening Statement

MNI BRIEF: Brazil Inflation 3.93% In March, Lowest In 9 Months

MNI Brief: China Targets Standards Update To Support Trade-ins

MNI BRIEF: Fitch China Outlook Downgrade Regrettable - MoF

EZ/UK Bond Supply Calendar: 3/7/15+ Year BTP Auction Thursday

Key PCE Components Raise Stakes For Tomorrow's PPI

US EIA: CRUDE OIL STOCKS EX SPR +5.84M TO 457.3M APR 05 WK

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Lagarde Tells EuCo Leaders Eurozone Banks Resilient

(MNI) LONDON

ECB President Christine Lagarde told EU leaders today that the Euro Area banking sector is resilient, according to EU sources, underpinned by "strong capital and liquidity positions”.

Lagarde said the euro area banking sector is strong "because we have applied the regulatory reforms agreed internationally after the Global Financial Crisis to all of them,” the sources noted.

President Lagarde also called for the completion of banking Union and capital markets union. She confirmed her recent position that there is no trade-off between price stability and financial stability, and the ECB's toolbox "enables us to address risks to both”. On financial stability, she told the leaders that the ECB toolkit is fully equipped to provide liquidity to the euro area financial system, if needed.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Central Bank NewsPolicy NewsHomepageEuropean Central BankCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Central Bank NewsPolicy NewsHomepageEuropean Central BankCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefStoryRegion
True

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.