Person: Christine Lagarde

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Person: Christine Lagarde

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>Spending in pubs and off-licences was down 10%, while restaurants declined 6% in the month.</p>

economy

Consumer spending rises while affordability improves, AIB data shows

Ireland is a relatively small economy in the eurozone, but European Central Bank president Christine Lagarde said sustainable consumption growth will lead to further interest rate reductions

<p>European Central Bank president Christine Lagarde suggested the wars in Ukraine and Gaza could impact energy markets, which may impact inflation. Picture: AP/Michael Probst</p>

economy

Lagarde says September interest rate decision is 'wide open'

<p>ECB president Christine Lagarde: 'We need to remain vigilant.' Picture: AP/Michael Probst</p>

economy

Eurozone consumer prices ease slightly but Lagarde says ECB's work 'is not done'

ECB may wait out the summer before another rate cut, governing members suggest

economy

ECB may wait out the summer before another rate cut, governing members suggest

Interest rate cut may not be passed on in full to Irish borrowers

news

Interest rate cut may not be passed on in full to Irish borrowers

Michael Dowling: Sunnier days ahead for mortgage customers as ECB prepares to cut rates

economy

Michael Dowling: Sunnier days ahead for mortgage customers as ECB prepares to cut rates

ECB decision to cut interest rate may weaken the euro

ECB decision to cut interest rate may weaken the euro

With a quarter-point reduction all but certain, officials will finally embrace a widening in the difference between borrowing costs on either side of the Atlantic

Sun, 02 Jun, 2024

Germany Europe Economy

'Strong likelihood' of rate cut next month, says Lagarde

"I'm really confident that we have inflation under control,” European Central Bank president Christine Lagarde told RTÉ’s Miriam O’Callaghan in an interview.

Tue, 21 May, 2024

ECB rate cut in June would bring 'psychological boost' for Irish households and businesses

ECB rate cut in June would bring 'psychological boost' for Irish households and businesses

A start to rate cuts in June would bring relief for Irish consumers and businesses which over the past two years faced a whole range of increased costs

Thu, 11 Apr, 2024

Markets will be looking for guidance from this week's ECB meeting

Markets will be looking for guidance from this week's ECB meeting

Eurozone economy essentially flat-lined for five consecutive quarters between the end of 2022 and throughout last year

Mon, 08 Apr, 2024

Federal Reserve Powell

Federal Reserve policymakers stick to rate cut roadmap

The ECB is expected to cut interest rates at least once before August, but Christine Lagarde remains vague on the timeline of any cuts

Wed, 20 Mar, 2024

GERMANY-POLITICS-BANKING

Momentum builds for ECB to start cutting interest rates in June

Momentum is building for the June interest-rate cut that European Central Bank president Christine Lagarde flagged on Thursday.

Fri, 08 Mar, 2024

Germany Europe Economy

ECB kills hopes for early rate cut but puts focus on June meeting

Irish brokers warns that any ECB rate cuts won't come early enough this year to prevent 70,000 fixed-rate mortgaged households from facing significant increases in their monthly mortgage bills

Thu, 07 Mar, 2024

Germany Europe Economy

Lagarde sees more disinflation but seeks proof of return to 2%

European Central Bank President Christine Lagarde said the retreat in inflation in the eurozone will continue but that she and her colleagues need to see more evidence that price growth is returning to their goal.

Mon, 26 Feb, 2024

ECB hammers home message its inflation fight is not over, but markets still see spring rate cut

ECB hammers home message its inflation fight is not over, but markets still see spring rate cut

President Christine Lagarde told reporters she stood by remarks last week which were widely interpreted as meaning the ECB would start cutting at some time during the summer

Thu, 25 Jan, 2024

Germany ECB Cyberattack

Irish mortgage experts warn of tough decisions as ECB meets

Markets are betting the ECB will have reduced rates by 1.5% by the end of the year, but will hold fire for some months yet

Thu, 25 Jan, 2024

Europe Economy

Drumbeat for ECB interest rate cuts restarts as bond yields fall

Calls for interest cuts come as government debt markets reflect on slowing eurozone inflation

Tue, 19 Dec, 2023

Interest rate cuts this spring 'regardless of what ECB says'

Interest rate cuts this spring 'regardless of what ECB says'

Leading mortgage broker Michael Dowling says rate cuts next year will bring relief for many Irish households and businesses

Thu, 14 Dec, 2023

Germany ECB Cyberattack

ECB officials facing quandary as markets bet on early rate cut

Dilemma faced by policymakers evokes December 2021, when they dragged their feet as the US Federal Reserve enacted a hawkish pivot and investors began betting on ECB rate increases

Thu, 07 Dec, 2023

ECB warns inflation could rise again as rate reductions ruled out for now

ECB warns inflation could rise again as rate reductions ruled out for now

Despite the rapid fall in inflation to 2.9% across the eurozone last month, Christine Lagarde warned that swift disinflation may end soon and price growth could even accelerate

Fri, 10 Nov, 2023

Germany Europe Economy

No relief for Irish borrowers as Lagarde insists talk of ECB rate cut 'totally premature'

Mortgage brokers say any rate reduction next year will not come in time to help the 70,000 Irish households whose fixed-rate mortgages expire at the end of this year

Thu, 26 Oct, 2023

NORWAY-ENERGY-OIL

European money managers warn ECB rate hikes not yet over

The ECB’s single mandate of price stability makes Europe’s policymakers more likely to hike in the face of rising energy costs

Sun, 22 Oct, 2023

European Central Bank President Christine Lagarde Rates Decision News Conference

ECB mission on inflation not yet accomplished, insists Lagarde

Higher-for-longer interest-rate era is worrying global finance officials regarding the potential consequences

Sun, 15 Oct, 2023

ECB set to take comfort from underlying inflation reading later this week

ECB set to take comfort from underlying inflation reading later this week

Eurozone's annual gauge of underlying price growth is expected to have slowed to 4.8% in September, reaching a 12-month low

Sun, 24 Sep, 2023

Shares hit as ECB set to keep rates 'higher for longer'

Shares hit as ECB set to keep rates 'higher for longer'

Central banks for world's biggest economies to keep interest rates as high as needed to tame inflation

Thu, 21 Sep, 2023

ECB is expected to deliver one last rate hike next month

ECB is expected to deliver one last rate hike next month

In a separate report, Germany’s economy ministry warned a 'generally expected recovery still failed to materialise in early summer'

Mon, 14 Aug, 2023

Mortgage loan,

Squeezed mortgaged households face more pain

Irish banks set to increase mortgage costs even as Thursday's rate hike may be one of the last from the ECB

Fri, 28 Jul, 2023

Germany European Central Bank

US rate hike sets scene for ECB meeting at lunchtime tomorrow

Bank of Ireland hiked its fixed-rate mortgage loans ahead of ECB meeting

Wed, 26 Jul, 2023

Germany Europe Economy

Core inflation haunts ECB and European households

Eurozone core inflation re-accelerated in June, a setback for the European Central Bank that may reinforce its determination to raise interest rates in July

Fri, 30 Jun, 2023

Eamon Quinn: ECB faces credibility test as it tries to tame inflation with interest rate hikes

Eamon Quinn: ECB faces credibility test as it tries to tame inflation with interest rate hikes

Critics question the ECB's strategy as it signals it may approve further rate rises when it next meets on June 15

Sun, 04 Jun, 2023

Irish mortgage arrears will 'inevitably' rise as ECB pledges more interest rate hikes

Irish mortgage arrears will 'inevitably' rise as ECB pledges more interest rate hikes

Core price pressures moderated by less, meaning there is probably still at least one more hike to come to ensure the 2% inflation target is reached

Thu, 01 Jun, 2023

ECB warns of more pain to come in inflation fight after rate hike

ECB warns of more pain to come in inflation fight after rate hike

Some Irish experts have warned about the consequences for households and businesses of further rate increases

Thu, 04 May, 2023

Germany ECB Cyberattack

ECB’s Christine Lagarde says she 'cannot believe' US will default on debt

Prominent US bankers and officials such as treasury secretary Janet Yellen have warned for months against bringing the US to the brink.

Sun, 16 Apr, 2023

Energy costs

Positive inflation news as wholesale energy prices drop and crude oil tumbles

European gas prices are set for one of the biggest weekly losses since the end of last year as mild weather curbs demand and supply concerns ease.

Fri, 17 Mar, 2023

Germany ECB Cyberattack

Lagarde defends hawkish ECB as analysts warn of 'more rate hikes to come'

The decision will automatically cost Irish households on tracker mortgages, and households refinance at higher rates at the expiry of their fixed-rate home loans

Thu, 16 Mar, 2023

European Central Bank President Christine Lagarde Rates Decision News Conference

ECB between 'rock and hard place' to get it right on rate hikes as bank crisis deepens

The banking contagion which has spread from the US to Europe was caused by the huge increases in official interest rates

Wed, 15 Mar, 2023

Rate hikes back on agenda as banking turmoil eases

Rate hikes back on agenda as banking turmoil eases

A rally in global bank shares and, significantly, for eurozone government bond yields, may signal that hefty official hikes in interest rates are back on the cards.

Tue, 14 Mar, 2023

Ireland's 10-year bond rate jumps on ECB hike fears

Ireland's 10-year bond rate jumps on ECB hike fears

Goldman Sachs said it expects the ECB to raise interest rates thrice this year, taking the so-called terminal or peak rate to 3.5%

Tue, 21 Feb, 2023

Europe Economy

It won’t take much for the ECB to crush rate-cut bets next week

Christine Lagarde said traders who had taken dovish rate wagers ‘would be well-advised’ to revise their position

Sun, 29 Jan, 2023

ECB to hike rates by 0.5% in February and March

ECB to hike rates by 0.5% in February and March

“We focus on core inflation where, unfortunately, there is no good news,” said ECB governing council member Klaas Knot. "Because it is still on the rise. Underlying inflationary pressures show no signs of abating yet."

Sun, 22 Jan, 2023

Germany ECB Cyberattack

ECB’s resolve to hike sets the stage for lots of euro whiplash

This week alone has brought several surprises for euro traders.

Fri, 20 Jan, 2023

Europe Economy

ECB sees wage growth ahead as more rate hikes planned

Eurostat said the unemployment rate in the 20 countries now sharing the euro in November 2022 was 6.5% of the workforce

Mon, 09 Jan, 2023

Germany Europe Economy

ECB hikes rate, with pledge of 'significant' increases to come in inflation battle

Latest increase means households paying €415 more a month, or almost €5,000 a year, since ECB started hiking rates in July

Thu, 15 Dec, 2022

European Central Bank Rates Announcement News Conference

Lagarde leads chorus warning inflation must be anchored

European Central Bank will decide on December 14 whether to deliver a third straight interest-rate increase of 75 basis points or moderate the pace to half point

Fri, 02 Dec, 2022

European Central Bank Rates Announcement News Conference

Lagarde suggests ramp-up in ECB rates not close to being over

The overall pace of consumer-price increases in the eurozone still stayed above 10% in November, almost all economists predict.

Mon, 28 Nov, 2022

Germany Europe Economy

Oliver Mangan: This week could mark the end of the large interest rate hikes

Attention is now turning to some key central banks' meetings this week to see what message they deliver

Mon, 31 Oct, 2022

Europe Economy

Talk of a third 0.75% rate hike from the ECB in six weeks

'This energy crisis is causing massive inflation, which we have to defeat', ECB president Christine Lagarde said

Sun, 30 Oct, 2022

Europe Economy

Irish Examiner View: Interest rate rises will have consequences beyond macroeconomics

Increases to in the ECB interest rate have the potential to raise mortgage repayments significantly for those on tracker mortgages here.

Fri, 28 Oct, 2022

Germany ECB Cyberattack

Lagarde says goal of ECB rate hikes 'is not to create a recession'

European Central Bank president Christine Lagarde said borrowing costs will be raised at the next “several meetings” to ensure inflation expectations remain anchored and price gains return to the target.

Wed, 28 Sep, 2022

More ECB officials warn about interest-rate rises

More ECB officials warn about interest-rate rises

ECB chief economist Philip Lane, who was governor of the Irish Central Bank previously, said rates could rise for some time.

Sun, 18 Sep, 2022