Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave the key interest rates unchanged in January and responds to questions from the press.
Blogs
ECB Review: Didn’t Rock the Boat, But Sailing Towards a Rate Cut
<p><img width="553" height="311" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-ecb16.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>ECB Review: Didn’
US: Economic Resilience Remains on Full Display in Q4 GDP Data
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2022/04/f-usa51.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2022/04/f-usa51.jpg 612
US 30 Index Retreats from Record Peak
<p><img width="612" height="482" src="https://www.actionforex.com/wp-content/uploads/2018/12/f-stocks69.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2018/12/f-stocks69.j
US GDP grows 3.3% annualized in Q4, core PCE prices unchanged at 2%
<p><img width="558" height="307" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-usa4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>US GDP grew 3.3% annualized in Q4, well above expec
Risk Sentiment Revives on Strong US GDP, Euro Holds Its Ground Against Dollar Post-ECB
<p><img width="612" height="407" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-usa37.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/
Lif3 Accelerates DeFi Adoption and Innovation with BitFinex Listing
<p>Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex, a premier digital asset trading platform, after recently migrating to the Ethereum Network from Fantom. </p><p>This announcement coincides with Lif3’s vision and commitme
GBP/USD Outlook: US GDP and Fed Decisions Take Centre Stage
<p>Key Highlights </p><p>· UK PMIs Lift Sterling: Recent robust UK PMI data has provided a boost to the GBP, reflecting resilience in the services sector.</p><p>· Retail Sales Concerns: Unexpectedly sharp declines in UK retail sales have injected caution into market sentiment.</p><p>· US Economic Data in Fo
ECB's Lagarde major comments during press conference bucketed by topic. EURUSD lower.
<p>ECBs Christine Lagarde's comments can be grouped into several key topics:</p><ol><li><p>Economic Outlook and Recovery Indicators:</p><ul><li>PMI a small signal that recovery conditions are coming into place.</li><li>Some surveys point to growth further ahead.</li><li>In
Lagarde Q&A: The consensus was that it was premature to discuss rate cuts
<ul><li>I stand by my comments [regarding possible summer rate cuts]</li><li>We are data dependent, not date-dependent</li><li>We're watching shipping cost increases and delays</li><li>Seeing some stabilization in wage tracker</li><li>Seeing slight reduction of vacancies advertised<