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ECB President Adamant That Policy Will Lower Inflation

European Central Bank President Christine Lagarde believes that the central bank's fiscal policy will succeed in cooling inflation so long as the central bank persists on its path. "We want to bring inflation to 2% and we will succeed," Lagarde remarked, adding that it...

European Stocks Edge Lower Ahead Of ECB Decision

FTSE 100 and European stocks opened lower on Thursday as investors reflect on the Federal Reserve's interest rate hike and brace themselves for the European Central Bank's decision. The U.S. Federal Reserve announced a 25 basis point hike to a target range of 5%...

ECB’s Rate “Close To the Maximum Increase” Says Governing Council Member

European Central Bank (ECB) increased its rate by half a percentage point last month and is expected to double down on the strategy during its upcoming meeting in early May. However, the hike might not be as significant as some experts predict. Yannis Stournaras, who...

UniCredit CEO Predicts That ECB Will Have “Balanced Approach” on Interest Rates Hikes

Further interest rate hikes by the European Central Bank (ECB) are inevitable, according to Andrea Orcel, CEO of Italy-based banking giant UniCredit. However, Orcel predicts that the ECB will take a “balanced approach” when determining how big the increase will be. ECB hiked the interest...