Tag: christine lagarde

The president of the European Central Bank says his son has lost ‘almost everything’ with cryptocurrencies

The president of the European Central Bank says his son has lost ‘almost everything’ with cryptocurrencies

Participating in an event in Frankfurt, Germany, Christine Lagarde answered questions from about 200 young people this Friday (24). The highlight is the president of the European Central Bank (ECB) spoke about his son’s investments in cryptocurrencies and stated that he had lost money. Asked about her opinion on cryptocurrencies, Lagarde laughed at first but […]

ECB, “as long as necessary”. No respite on rates: Lagarde uses restrictive strategy

ECB, “as long as necessary”. No respite on rates: Lagarde uses restrictive strategy

Those who expected the ECB to back off its anti-inflation strategy were surprised. In the August Economic Bulletin, the Frankfurt institute did not announce any changes to its rate hike policy: “The Governing Council’s future decisions will ensure that the ECB’s key interest rates are set at sufficiently restrictive levels for as long as possible. […]

ECB, Tajani against Lagarde: with high interest rates there is a risk of recession

ECB, Tajani against Lagarde: with high interest rates there is a risk of recession

Lagarde announces a further rise in interest rates, Tajani responds by pointing the finger at the risk of recession. “I don’t think it’s in the interest of growth to keep raising interest rates, especially I don’t agree with the announcements that are made well in advance about interest rate increases. I was a little disappointed […]

Interest rates, Christine Lagarde announces tightening since July

Interest rates, Christine Lagarde announces tightening since July

Interest Rates, Christine Lagarde “Unless there are substantial changes to our baseline, it is very likely that we will continue to raise rates in July, which is probably not a surprise.” The statement was made by ECB President Christine Lagarde during the press conference that followed the communication on interest rates. And she added, addressing […]

European Central Bank, Lagarde announces high interest rates until needed

European Central Bank, Lagarde announces high interest rates until needed

Interest rates, Christine Lagarde announces the criteria that will be used by the European Central Bank to determine the cost of money in the coming months. The ECB president explains that the goal will be to reach a maximum level of inflation of 2%. “Our future decisions will ensure that rates are tightened enough to […]

War on Inflation, Lagarde’s Axe: Let’s Raise Interest Rates

War on Inflation, Lagarde’s Axe: Let’s Raise Interest Rates

War on inflation, Christine Lagarde announces her willingness to continue with the policy of raising interest rates. “Inflation is very high today and will stay that way for a long time. We are determined to bring it back to our mid-term target of 2% in a timely manner. That’s why we’re raising rates at the […]

ECB did it: economy slowing down due to high rates

ECB did it: economy slowing down due to high rates

The ECB’s objective of containing inflation has not yet been achieved. But monetary tightening has already created the deleterious effect on the real economy. The signs are already concrete. First in the real estate market. That after having grown reaching a trading volume never seen in the last fifteen years, in the last months of […]

Inflation decreases, but Lagarde doesn’t believe it and continues with the tightening

Inflation decreases, but Lagarde doesn’t believe it and continues with the tightening

Yes, in 2024 inflation will drop to 2.6%. And yes, at the end of this year the cost of living in the euro zone will reach 5.6%, against the current more than 7 percentage points. It is a pity that all this is not enough to convince the European Central Bank to pull the emergency […]

The ECB raises the cost of money: thus the EU undermines growth and impoverishes citizens

The ECB raises the cost of money: thus the EU undermines growth and impoverishes citizens

While the Meloni government bets all its cards, and even the money it has at its disposal, on the less favored classes, or rather, on what remains of the middle class, Europe only sees eyelashes. And not only for the benefits of the Pnrr, the European plan for recovery and resilience, sipped and disbursed drop […]

Mes, the protest against Italy grows. And Lagarde is also a strong brand

Mes, the protest against Italy grows. And Lagarde is also a strong brand

“It would be good” for Italy to ratify the reform of the European Stability Mechanism. The advice came directly from ECB President Christine Lagarde, who today participated in the Eurogroup convened by the Swedish presidency at Scandinavian Xpo, a group of warehouses near Arlanda, Stockholm airport. A scenario that is certainly cheap and, therefore, beneficial […]