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Federal Reserve Gears Up For Another Rate Hike In Crucial Week For Central Banks
Sunday, July 23, 2023 - 11:02am | 472Read More...Federal Reserve policymakers are expected to raise rates again on Wednesday to the highest level seen in 22 years. What Happened: The Federal Reserve and the European Central Bank are expected to raise interest rates by 25 basis points. However, the key focus will be whether policymakers...
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ECB Hikes 0.25%, Pushing Rates To 22-Year Highs: Lagarde Says 'We Have More Ground To Cover'
Thursday, June 15, 2023 - 10:06am | 692Read More...In an effort to combat elevated inflationary pressures, the European Central Bank (ECB) announced a 0.25% increase in its key interest rates, bringing the cost of borrowing to the highest levels in over two decades. ECB Governor Christine Lagarde said that inflation is projected to remain too high...
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ECB Hikes Interest Rates To 2008 Levels As Inflation Remains 'Too High'
Thursday, May 4, 2023 - 8:27am | 498Read More...The European Central Bank raised its key interest rates by 0.25% Thursday, as broadly expected by the market, increasing the marginal lending facility rate to 3.75%, the highest since the end of 2008. The ECB policy decision comes a day after the Federal Reserve also raised...
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ECB Chief Lagarde Confident US Won't Default On Debt: 'Higher Interest Of Nation Has To Prevail'
Sunday, April 16, 2023 - 11:26pm | 380Read More...European Central Bank President Christine Lagarde said she has huge confidence in the United States and believes the government will not default on its debt. "I just cannot believe that they would let such a major, major disaster happen of the United States defaulting on its debt. This is not...
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European Central Bank Hikes Rates By 50 Basis Points, Lagarde Says 'A Lot Has Changed Since March'
Thursday, March 16, 2023 - 10:07am | 547Read More...The European Central Bank hiked interest rates by 50 basis points Thursday, bringing the rates on its main refinancing operations and deposit facility to 3.5% and 3%, respectively, as it anticipates inflation will remain "too high for too long." Lagarde Signals Data-...
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What The Markets Are Expecting From Thursday's ECB Interest Rate Decision
Wednesday, March 15, 2023 - 4:26pm | 923Read More...Markets are eagerly awaiting the European Central Bank's policy meeting on Thursday, March 15, with officials expected to hike interest rates by at least 25 basis points (bps), while a greater half-point rise remains possible. The likelihood of a 50bps hike has substantially decreased in recent...
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'Sick, Terrifying' Putin Causing Chaos And Destroying Europe: Lagarde on 'Massive Inflation' Crisis
Monday, October 31, 2022 - 12:16am | 437Read More...The European Central Bank's chief blamed Russian President Vladimir Putin’s war in Ukraine for the rising inflation in the continent, forcing the bank to raise interest rates. What Happened: "That's what he [Putin] is trying to do, cause chaos and destroy...
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Crypto Is Serving Russia's Sanction Evasion, ECB President Says
Wednesday, March 23, 2022 - 1:11pm | 265Read More...European Central Bank President Christine Lagarde believes market data backs her belief that Russian actors are using cryptocurrencies such as Bitcoin (CRYPTO: BTC) to circumvent sanctions. What Happened: Lagarde said that there are signs in the market that Russians are converting their local...
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Lagarde Asks European Countries To Support 'Coronabonds'
Wednesday, March 25, 2020 - 12:20pm | 249Read More...European Central Bank President Christine Lagarde asked eurozone finance ministers Tuesday to consider a one-off joint debt issuance of “coronabonds” to assist with the coronavirus pandemic, according to Reuters. “Despite opposition from the Netherlands, it is likely...
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European Central Bank Continues Assessing 'Feasibility And Merits' Of Digital Currencies
Thursday, January 9, 2020 - 7:20am | 303Read More...The European Central Bank (ECB) is sticking to its guns on playing "an active role" in the digital currency field, said ECB’s President Christine Lagarde on Wednesday. What Happened The ECB will continue assessing the risks and benefits of issuing a central bank digital currency (...
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European Central Bank Will Look Into Stablecoins, Needs To 'Get Ahead Of The Curve:' Lagarde
Friday, December 13, 2019 - 9:32am | 403Read More...The European Central Bank will establish clear objectives for its digital currency task force by mid-2020, the bank's president Christine Lagarde said in on Thursday. What Happened Lagarde, who was holding her first-ever press conference as the president of ECB, said that there is a clear...
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Angela Merkel The Most Powerful Woman On Forbes 2019 List, Thunberg The Youngest
Friday, December 13, 2019 - 7:12am | 432Read More...Forbes published its annual list of most powerful women on Thursday. Merkel At The Top — Again Angela Merkel, whom Forbes describes as the "de facto leader of Europe," has been voted the most powerful woman in the world for the 12th time since she was elected Germany's...
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As Draghi Exits ECB, More Signs Of Struggle In German Economy
Thursday, October 24, 2019 - 12:25pm | 612Read More...Italian economist and former Goldman Sachs Group Inc (NYSE: GS) banker turned European Central Bank President Mario Draghi held his last press conference Thursday as he prepares to leave the position Oct. 31 after eight tumultuous years at the ECB. European leaders have nominated...
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Fiscal Stimulus May Not Cure What Ails Europe ETFs
Friday, October 11, 2019 - 10:00am | 506Read More...Eurozone stocks and the related exchange traded funds haven't been all that bad this year. The SPDR EURO STOXX 50 ETF (NYSE: FEZ), for example, is up 12.26%. That sounds pretty good until acknowledging FEZ is trailing the S&P 500 by about 500 basis points. FEZ tracks the EURO STOXX 50 Index...
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Barron's Picks And Pans: Coca-Cola, Kroger, Shopify And More
Saturday, July 6, 2019 - 3:15pm | 804Read More...This weekend's Barron's presents 11 cheap blue-chips in a pricey market. Other featured articles name cheap stocks that are cheap for a reason and how to play stocks that are mired in controversy. Also: the prospects for a TV station operator, an e-commerce play, a grocery store chain...
















