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ECB's Makhlouf: Overwhelming evidence needed to consider a 50 bps cut in December
European Central Bank (ECB) Governing Council member and Central Bank of Ireland Governor Gabriel Makhlouf said on Monday that overwhelming evidence would be needed to consider a 50 basis points rate cut in December, pre Reuters.Fxstreet
Mon, Nov 18
ECB’s de Guindos: Balance of risks has shifted from concerns about high inflation to fears over growth
European Central Bank (ECB) Vice President Luis de Guindos said on Monday that “the balance of risks has shifted from concerns about high inflation to fears over economic growth.” Additional takeaways The growth outlook is clouded by uncertainty about economic policies and the geopolitical landscape.
Fxstreet
Mon, Nov 18
ECB’s Nagel: Trump's tariffs may have a minor impact on inflation
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Monday, “Trump's tariffs may have a minor impact on inflation.” He added, “global integration would have to decrease substantially to cause a noticeable rise in inflationary pressures.” .Fxstreet
Mon, Nov 18
RBA’s Kent: Forward guidance in Australia might be less useful than in the United States
In a speech in Canberra on Monday, Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent said that the ”forward guidance in Australia might be less useful than in the United States.” Further comments Variable rate mortgages are a key difference of the Australian system.
Fxstreet
Mon, Nov 18
ECB's Cipollone: Central bank should cut rates further to support recovery
European Central Bank (ECB) board member Piero Cipollone said on Friday that central bank should cut interest rates further to support the recovery in the Eurozone and also in the face of potential new trade tariffs in the US, per Reuters.Fxstreet
Mon, Nov 18
