Christine Lagarde

Most other major central banks have already raised borrowing costs but the ECB is still pumping cash into the financial system via bond purchases.

Lagarde was cementing market expectations that the ECB will raise its policy rate for the first time in over a decade in July in a bid to tame record-high euro zone inflation — the result of surging energy prices spilling over to other goods. - Lagarde was cementing market expectations that the ECB will raise its policy rate for the first time in over a decade in July in a bid to tame record-high euro zone inflation — the result of surging energy prices spilling over to other goods. - Most other major central banks have already raised borrowing costs but the ECB, which had fought too low inflation for a decade, is still pumping cash into the financial system via bond purchases.

The latest Tweet by Bloomberg states, 'ECB President Christine Lagarde says a first interest-rate increase in more than a decade may follow within &quot ...

The comment is the clearest sign yet from Lagarde that the ECB is ready to move on rates soon rather later, as the institution trails behind the US Federal ...

German central bank president Joachim Nagel said Tuesday he "will advocate a first step normalising ECB interest rates in July".At its last meeting in April, the ECB's governing council resolved to end a bond-buying scheme that has been used to stoke economic growth "in the third quarter". The ECB should end its stimulus bond-buying scheme "early in the third quarter", Lagarde said in a speech in Ljubljana, and could then raise interest rates "only a few weeks" later. European Central Bank president Christine Lagarde hinted Wednesday the Frankfurt-based institution could raise its interest rates from historic lows as soon as July as inflation in the eurozone soars.

European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring inflation, echoing the actions of ...

But "between the war in Ukraine, a complicated coronavirus situation in China", which has seen a series of lockdowns and spillovers from rate hikes in the United States, the ECB will not be able to "pursue normalisation easily", Moec said. Decisions by the Fed and the Bank of England to raise rates aggressively to counter inflation have added to the pressure on the ECB to act. The ECB should end its bond-buying stimulus "early in the third quarter" and could raise interest rates "only a few weeks" later, Lagarde said in a speech in the Slovenian capital Ljubljana.

It's unlikely that the disinflationary dynamics of the past decade will return.

Ahead of today's pivotal (in the short-term) US CPI report, it's worth pondering what a world of stubborn +3% inflation looks like. Lagarde pointed to a re-orinentation of global supply chains and the energy transition as long-lasting sources of higher prices. But what if we're in the process of pricing in persistently high structural inflation?

The European Central Bank has firmed up expectations that it will raise its benchmark interest rate in July for the first time in more than a decade to ...

"What started as a one-off shock has now become a more broad-based phenomenon," ECB policymaker Bostjan Vasle said at the same event. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com