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Central Banks
Central Banks

ECB's Lane: underlying inflation progress not enough

  • The European Central Bank is seeing some progress in its efforts to push down underlying inflation but this is not yet enough, ECB chief economist Philip Lane told a conference in Riga on Wednesday.
By Ryan Paisey
08/11/2023 | 09:44 GMT
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By Ryan Paisey
08/11/2023 | 09:44 GMT
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Central Banks
Central Banks

BoE's Bailey: Openness beats fragmentation

  • In this speech Andrew Bailey describes the benefits of openness and the risks posed by fragmentation for the world economy and financial stability. He talks about the role global standards play in supporting financial openness and outlines the value of co-operation and co-ordination in pursuit of the common goal of financial stability.
By Ryan Paisey
08/11/2023 | 09:35 GMT
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By Ryan Paisey
08/11/2023 | 09:35 GMT
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Central Banks
Central Banks

Euro zone consumers raise inflation expectations in headache for ECB

  • Euro zone consumers have raised their expectations for inflation over the next 12 months to 4%, a European Central Bank survey showed on Wednesday, in a potential headache for the ECB in its effort to rein in prices.
By Ryan Paisey
08/11/2023 | 09:32 GMT
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By Ryan Paisey
08/11/2023 | 09:32 GMT
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News
News

Dollar rebound extends for third day before Fed's Powell speech

  • The dollar's rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes, as traders looked to a speech from Chair Jerome Powell on the central bank's future policy path.
By Ryan Paisey
08/11/2023 | 09:10 GMT
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By Ryan Paisey
08/11/2023 | 09:10 GMT
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Central Banks
Central Banks

ECB’s Kazāks: We Remain Determined to Reach Our Price Stability Target

  • The European Central Bank Governing Council member Mārtiņš Kazāks on Wednesday vowed that the euro area’s monetary policymakers would restore price stability.
By Ryan Paisey
08/11/2023 | 09:07 GMT
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By Ryan Paisey
08/11/2023 | 09:07 GMT
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