EZ Monetary Policy Statement
It's the primary tool the ECB uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions;
The ECB usually changes the statement slightly at each release. It's these changes that traders focus on. Source first released in Mar 2016;
- History
Expected Impact / Date | Description |
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Jun 6, 2024 | |
Apr 11, 2024 | |
Mar 7, 2024 | |
Jan 25, 2024 | |
Dec 14, 2023 | |
Oct 26, 2023 | |
Sep 14, 2023 | |
Jul 27, 2023 | |
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- EZ Monetary Policy Statement News
- From bnnbloomberg.ca|Jun 8, 2024
Further reductions of European Central Bank borrowing costs may risk a stronger impact on the euro exchange rate and inflation, according to Governing Council member Robert Holzmann. “If the original assumption of three rate cuts were to materialize, and the Federal Reserve didn’t respond, it would certainly have an impact on the exchange rate, and with it inflation,” Holzmann told public broadcaster ORF in a radio interview aired Saturday. He said the ECB’s first rate move on Thursday didn’t yet make him concerned on the matter. ...
- From @financialjuice|Jun 6, 2024
post: ECB'S PRESIDENT LAGARDE: THE DECISION WAS ALMOST UNANIMOUS APART FROM ONE GOVERNOR.
- From @NourHammoury|Jun 6, 2024|1 comment
post: *LAGARDE: WOULDN'T SAY ECB IS MOVING IN DIALING-BACK PHASE post: ECB'S PRESIDENT LAGARDE: WE WILL NEED MORE DATA TO CONSTANTLY CONFIRM DISINFLATIONARY PATH. post: ECB'S PRESIDENT LAGARDE: WE'RE MORE RESTRICTIVE IN REAL TERMS THAN BACK IN SEPTEMBER. post: MORE ECB'S LAGARDE: I CANNOT CONFIRM THE THE 'DIALING BACK' PROCESS IS UNDERWAY, BUT THERE IS A 'STRONG LIKELIHOOD' THAT IT IS UNDERWAY #ecb #europeancentralbank #interestrates #inflation #eurozone #monetarypolicy #christinelagarde post: <EUR=>:
*LAGARDE: SPEED, TIMING WILL BE DETERMINED BY DATA
?*LAGARDE: NEXT FEW MONTHS WILL BE BUMPY
- From @C_Barraud|Jun 6, 2024
post:
*LAGARDE: ECONOMY TO CONTINUE TO RECOVER - BBG *LAGARDE: MANUFACTURING SHOWING SIGNS OF STABILIZATION *LAGARDE: SURVEYS POINT TO CONTINUED JOB GROWTH IN NEAR TERM post:
*LAGARDE: DOMESTIC INFLATION REMAINS HIGH - BBG *LAGARDE: WAGES RISING AT ELEVATED PACE *LAGARDE: LABOR COSTS WILL LIKELY FLUCTUATE DUE TO ONE-OFFS *LAGARDE: WAGE GROWTH WILL MODERATE OVER COURSE OF YEAR *LAGARDE: PROFITS ABSORBING PART OF WAGE INCREASES post: ECB’S LAGARDE: INFLATION TO FLUCTUATE AROUND CURRENT LEVELS FOR REST OF YEAR ECB’S LAGARDE: INFLATION WILL THEN DECLINE TOWARDS TARGET IN 2H25 ECB’S LAGARDE: RISKS TO GROWTH BALANCED IN NEAR TERM
- From ecb.europa.eu|Jun 6, 2024|1 comment
ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and will answer questions from journalists at the Governing Council press conference to be held on 6 June 2024 at 14:45 CET in Frankfurt am Main.
- From brecorder.com|Jun 6, 2024
The European Central Bank is expected to start cutting interest rates from record highs Thursday, its first reduction in nearly five years, but volatile inflation means the path ahead is uncertain. After an unprecedented streak of eurozone rate hikes beginning in mid-2022 to tame runaway energy and food costs, inflation has been slowly coming down towards the ECB’s two-percent target. Rates have been on hold since October, but it is a near certainty the central bank will reduce borrowing costs by a quarter percentage point Thursday, ...
- From cnbc.com|Jun 5, 2024
The European Central Bank this week is set to cut borrowing costs for the euro area for the first time since September 2019. It will mark the official end to the record fast-hiking cycle that begun after the Covid-19 pandemic as inflation soared. But investors’ attention looks like it has already moved on to what will happen after this June cut by the Frankfurt institution. “Judging by the commentary from officials, there is no questioning of the wisdom of cutting rates on 6 June,” said Mark Wall, ECB watcher with Deutsche Bank. ...
- From econoday.com|Jun 3, 2024
Investors and financial markets will be very surprised – and not at all happy – should Thursday’s ECB announcement not include the first cut in key interest rates since September 2019. With even the more hawkish Governing Council (GC) members having now adopted a notably more dovish line, recent central bank rhetoric has seemingly made a 25 basis point reduction a done-deal. This would lower the key deposit rate from its current record high to 3.75 percent, the refi rate to 4.25 percent and the rate on the marginal lending facility ...
Released on Jun 6, 2024 |
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- Details