Eurozone: Prudent Approach by ECB as It Takes Rates Lower – UOB Group
ECB's Stournaras: A 25 Bps December Rate Cut Is the Right Response to Trade Tariffs
EUR: Geopolitics and Trump Threat Weigh – ING
French Business Climate Worsens in November
ECB's Villeroy Expects Little Inflation Impact From Possible Tariffs
European Central Bank Board Member Villeroy: Trump's tariffs are unlikely to affect European inflation, and the central bank's easing plan remains unchanged.
Although the return of Trump to the White House may raise concerns about the imposition of trade tariffs, this will not affect the easing plans of the European Central Bank.
European Central Bank's Villeroy believes that Trump's tariffs will not cause significant impact on inflation in the eurozone.
European Central Bank Council member Francois Villeroy de Galhau stated that potential trade tariffs during Donald Trump's second presidential term will not disrupt the European Central Bank's plans for relaxed policies. The French central bank governor expressed at a meeting in Tokyo on Thursday that the expected increase in tariffs by the United States is not anticipated to significantly alter Europe's inflation outlook, with risks of price increases and economic growth shifting in a weakly positive direction. Based on this assessment, our council decided on October 17th to reduce the deposit facility rate by 25 basis points to 3.25%, marking the third rate cut.
ECB's Villeroy Sees No Big Inflation Hit From Trump Tariffs
EU New Car Market Rebounds 1.1% in October
ECB's Stournaras: 2% Inflation Target to Come in Early 2025
ECB's Stournaras Sees 2% Inflation Goal Reached at Start of 2025
European Equities Close Lower in Wednesday Trading; ECB Sees Elevated Financial Stability Risk
European Central Bank's Guindos: The direction of interest rate cuts is clear but should not act hastily.
European Central Bank Vice President Luis de Guindos said that it is "very clear" that interest rates will be further reduced, but officials should not act hastily due to increased trade tensions and global conflicts etc. "My impression is that in the coming months and quarters we will continue to reduce the restrictive monetary policy stance," Guindos said on Wednesday. Nevertheless, "you must be very cautious." Earlier, the European Central Bank warned in its financial stability assessment that trade now poses an additional threat to the region's economy. Guindos expressed confidence in achieving the 2% inflation target next year.
Germany Has Fiscal Space to Support Economy, ECB's Guindos Says
Eurozone wage growth soared, ECB faces test of December rate cut?
In the third quarter, the Eurozone's agreed wages increased by 5.4% year-on-year, marking the largest increase since 1999. Although it is not expected to prevent the European Central Bank from continuing to cut interest rates in December, it will test the bank's determination to cut rates and dampen market expectations for a rate cut next year.
Eurozone's Monthly Construction Output Falls 0.1% in September
Eurozone Wage Growth Picks Up Pace, ECB Says -- WSJ
Euro-Zone Wage Growth Surges in Test for ECB Rate Cuts
Eurozone Wage Growth Picks Up Pace, ECB Says
ECB: Euro Area's Negotiated Wages Rise by 5.42% YoY in Q3 2024 Vs. 3.53% in Q2