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ECB’s Schnabel Says Rate-Cutting Campaign Is Coming to an End
7 Articles
7 Articles
MADRID, 13 (EUROPA PRESS) Bank of America (BofA) this Friday expressed surprise at the harsh tone of the last appearances of the president of the European Central Bank (ECB), Christine Lagarde, from which it is drawn that the cycle of cutting rates has ended with the last decrease to 2%. However, [...] The entry Bank of America shows its surprise at the hard tone of Lagarde, but insists that there will be more cuts of types appears first in Forb…
The lowering of ECB rates has a direct impact on the interest offered by the remunerated accounts. Following the recent lowering of ECB rates to 2%, Trade Republic has announced a further cut to its remunerated account, as it announced on 11 June. Trade Republic premiered Spanish IBAN last week, the last step it needed to improve its positioning in our country and continue to capture new highs. A movement that had a very good reception among its…
Is the ECB Moving Too Fast on Rate Cuts? - Brussels Report
By Belgian MEP Johan Van Overtveldt (Belgian Finance Minister between 2014 and 2018, Chairman of the European Parliament’s Budget Committee) In just one year, the ECB has halved its main policy interest rate. Can such decisive action be justified by the trajectory of inflation alone? It is evident that other factors are also influencing the ECB’s policy path. On 5 June, the European Central Bank (ECB) reduced its three key interest rates—the m…
The interest rates of the European Central Bank (ECB) are now in a “good place” despite the expected slowdown in inflation, which is likely to return to the ECB’s target of 2.0% in the medium term, said Isabel Schnabel, member of the Executive Board of the ECB yesterday. Schnabel mentioned, in a seminar, that the expected slowdown in inflation in the euro area, which the ECB forecasts at 1.6% in 2026 compared to 1.9% last month, is a temporary p…
ECB eyes an end to interest rate cuts as inflation stabilizes
The European Central Bank’s run of interest-rate cuts appears to be winding down, as inflation drifts back toward the ECB’s 2% goal and growth remains steady, Executive Board member Isabel Schnabel said Thursday in Brussels. Schnabel said the ECB’s cycle of rate reductions was drawing to a close now...
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