European Central Bank (ECB) policymaker Pablo Hernandez de Cos said on Wednesday that he feels more confident that the trajectory of inflation might l
ead them to target, per Reuters. He added that they could get to the inflation target if interest rates are maintained for a sufficiently long period. Key quotes "Statement is conditional, based on current info." "Different shocks may require different responses.
" Market has understood very well our communication." "A negative Gross Domestic Product reading for Q3 is possible." "Growth risk is skewed to downside." "Core inflation has turned a corner." Market reaction EUR/USD showed no immediate reaction to these comments and was last seen trading flat on the day slightly above 1.0600.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
IMF lifts Latam, Caribbean 2023 GDP growth estimate to 2.3%IMF lifts Latam, Caribbean 2023 GDP growth estimate to 2.3%
Leer más »
Euro keeps the offered stance in the mid-1.0500s, looks at ECBThe Euro (EUR) adds to the weakness seen at the beginning of the week against the US Dollar (USD), resulting in a decline of EUR/USD to the 1.0550 reg
Leer más »
IMF lowers Russia 2024 GDP growth forecast to 1.1%IMF lowers Russia 2024 GDP growth forecast to 1.1%
Leer más »
ECB Villeroy: At this stage further rate hikes not right thing to doEuropean Central Bank (ECB) Governing Council member and Bank of France President, Francois Villeroy de Galhau, said on Tuesday that “at this stage fu
Leer más »
High rates will shave 0.5% from US GDP, prompt job losses: Goldman SachsHigher-for-longer interest rates will likely shave 0.5% from U.S. economic growth and may force unprofitable public companies to begin cutting their workforce, strategists at Goldman Sachs wrote in…
Leer más »
ECB’s Knot: Policy in a good place nowEuropean Central Bank (ECB) Governing Council member Klaas Knot said on Wednesday that the monetary policy is in a good place now. Additional takeaway
Leer más »