ECB, inflation
Central banks may face volatile inflation for years to come, ECB's Lagarde says
Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, but sticking with inflation-targeting regimes is still the best option, European Central Bank President Christine Lagarde said on Friday.
Inflation’s down and the European Central Bank has cut rates, again. Next up: The Fed
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers.
Canada Inflation Eases Back to Central Bank Target in August
Canadian inflation matched the central bank’s target last month for the first time in more than three years, smoothing the road for further cuts in interest rates.
Canada's inflation reaches central bank's 2% target in August
Canada's annual inflation rate reached the central bank's 2% target in August, its lowest level since February 2021, data showed on Tuesday. The closely watched core price measures also cooled to their lowest levels in 40 months while month-on-month consumer prices deflated by 0.
ECB Must Prepare for More-Volatile Inflation Era, Lagarde Says
The European Central Bank must think hard about how it deals with risks and uncertainty in an era of more-volatile inflation and less clarity about monetary-policy transmission, President Christine Lagarde said.
ECB's Lagarde predicts inflation to hit 2% target next year
ECB President Christine Lagarde praised the "remarkable" unwinding of inflation with minimal job losses, projecting inflation to hit target by 2025. However, she warned that significant uncertainties remain.
ECB may accelerate rate cuts in coming months, Panetta says
The European Central Bank's rate cutting cycle could accelerate over coming months, governing council member Fabio Panetta said on Thursday. The ECB last week cut its key interest rates by 25 basis points after a similar move in June,
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
AI Threatens to Complicate Inflation-Taming Tasks, Bank of Canada Gov. Macklem Says
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
Russian central bank hikes rates to fight inflation fuelled by military spending
Russia’s central bank has raised its key interest rate by a full percentage point to 19% to combat high inflation as ...
Wall Street Journal2d
Brazil’s Central Bank Resumes Hiking as Inflation Remains High
Brazil’s central bank raised interest rates for the first time in two years, just hours after the U.S. Federal Reserve ...
Bank of England Holds Rates Steady but Signals Gradual Easing
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.
European Central Bank to cut interest rates again as inflation and economy cools
The ECB is expected to trim borrowing costs as its focus shifts from damping inflation to supporting the bloc’s faltering ...
Bank of France Predicts Inflation Will Slow to 1.5% Next Year
The Bank of France cut its forecast for French inflation next year to well below the European Central Bank’s 2% target, ...