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Top related persons:
” Christine Lagarde - 2 “ It’s - 1 ” Jerome H - 1 Powell - 1 “ - 1
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Frankfurt Sintra , Portugal
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European Central Bank - 2 Federal Reserve - 1

Search resuls for: "” Christine Lagarde"


3 mentions found


☆ E.C.B. Leaves Rates Unchanged but Keeps Door Open for September
  + stars: | 2024-07-18 | by ( Eshe Nelson | ) www.nytimes.com   time to read: +1 min
European Central Bank policymakers held interest rates steady on Thursday, as they reiterated their cautious approach to cutting rates as inflation bumps around above the bank’s target. Last month, policymakers cut the interest rate a quarter point, the first reduction in nearly five years and a tentative step toward easing. Inflation in the eurozone has fallen a long way from its double-digit highs in late 2022, and policymakers are trying to ensure it returns to their 2 percent target sustainably. Average inflation across the 20 countries that use the euro was 2.5 percent in June, slightly lower than it was in May but higher than in April. “Inflation is expected to fluctuate around current levels for the rest of the year,” Christine Lagarde, the president of the European Central Bank, said at a news conference in Frankfurt.
Persons: ” Christine Lagarde Organizations: European Central Bank Locations: Frankfurt
☆ At the Front Lines of the Inflation Fight, Uncertainty Reigns
  + stars: | 2023-07-01 | by ( Eshe Nelson | ) www.nytimes.com   time to read: 1 min
When prices started to take off in multiple countries around the world about two years ago, the word most often associated with inflation was “transitory.” Today, the word is “persistence.”That was uttered repeatedly at the 10th annual conference of the European Central Bank this week in Sintra, Portugal. “It’s been surprising that inflation has been this persistent,” Jerome H. Powell, the chair of the Federal Reserve, said. “We have to be as persistent as inflation is persistent,” Christine Lagarde, the president of the European Central Bank, said.
Persons: “ It’s, ” Jerome H, Powell, “, ” Christine Lagarde Organizations: European Central Bank, Federal Reserve Locations: Sintra , Portugal
☆ China's reopening could boost global growth — and worsen inflation
  + stars: | 2023-01-27 | by ( Anna Cooban | ) edition.cnn.com   time to read: +7 min
London CNN —China’s swift reopening after nearly three years of strict coronavirus controls could provide a much-needed boost to global economic growth, but may also stoke inflation just as it has shown signs of falling back. The revival of the world’s second largest economy — and its biggest consumer of commodities — threatens to push up global prices for fuel, industrial metals and food this year. The speed of the reopening, as well as indications that infections may have already peaked, has been surprising, analysts told CNN. Yet, if global food and energy prices start rising again, that could feed through into higher consumer prices. China’s reopening could bump up demand for agricultural goods, while the world is still in the grips of the worst food crisis in modern history.
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