ECB: THE ECB’S INTEREST RATE DECISIONS WILL BE BASED ON ITS ASSESSMENT OF THE INFLATION OUTLOOK IN LIGHT OF INCOMING ECONOMIC AND FINANCIAL DATA, DYNAMICS OF UNDERLYING INFLATION, AND THE STRENGTH OF MONETARY POLICY TRANSMISSION. ...
Читать полностью…U.S. SHORT-TERM INTEREST-RATE FUTURES PARE EARLIER LOSSES AFTER ECONOMIC DATA, AS TRADERS ADD TO BETS ON FED RATE CUTS NEXT YEAR ...
Читать полностью…U.S PPI (MOM) (NOV) ACTUAL: 0.4% VS 0.2% PREVIOUS; EST 0.2%
U.S CORE PPI (MOM) (NOV) ACTUAL: 0.2% VS 0.3% PREVIOUS; EST 0.2%
U.S PPI (YOY) (NOV) ACTUAL: 3.0% VS 2.4% PREVIOUS; EST 2.6%
U.S CORE PPI (YOY) (NOV) ACTUAL: 3.4% VS 3.1% PREVIOUS; EST 3.2% ...
US INITIAL JOBLESS CLAIMS DEC 7TH: 242K (EST 220K; PREV 224K; PREVR 225K)
- CONTINUING CLAIMS NOV 30TH: 1886K (EST 1877K; PREV 1871K) ...
ECB DROPS REFERENCE TO 'RESTRICTIVE' FROM STATEMENT
- DETERMINED TO ENSURE THAT INFLATION STABILISES SUSTAINABLY AT ITS 2% MEDIUM-TERM TARGET
- NOT PRE-COMMITTING TO A PARTICULAR RATE PATH
- INTENDS TO DISCONTINUE PEPP REINVESTMENTS AT END-2024 ...
ECB: MOST MEASURES OF UNDERLYING INFLATION SUGGEST THAT INFLATION WILL SETTLE AT AROUND THE GOVERNING COUNCIL'S 2% MEDIUM-TERM TARGET ON A SUSTAINED BASIS. ...
Читать полностью…U.S INITIAL JOBLESS CLAIMS ACTUAL: 242K VS 224K PREVIOUS; EST 220K
U.S CONTINUING JOBLESS CLAIMS ACTUAL: 1886K VS 1871K PREVIOUS; EST 1877K ...
US PPI FINAL DEMAND (M/M) NOV: 0.4% (EST 0.2%; PREV 0.2%; PREVR 0.3%)
- PPI FINAL DEMAND (Y/Y): 3.0% (EST 2.6%; PREV 2.4%)
- PPI EX FOOD AND ENERGY (M/M): 0.2% (EST 0.2%; PREV 0.3%)
- PPI EX FOOD AND ENERGY (Y/Y): 3.4% (EST 3.2%; PREV 3.1%) ...
PPI RED HOT
PPI 0.4% MOM, EXP. 0.2%
PPI CORE 0.2% MOM, EXP. 0.2%
PPI 3.4% YOY, EXP. 3.2%
PPI CORE 3.0% YOY, EXP. 2.6% ...
ECB CUTS 2024 HICP FORECAST TO 2.4% FROM 2.5%, GROWTH OUTLOOK REMAINS SLUGGISH ...
Читать полностью…ECB SAYS OVER TIME, GRADUALLY FADING EFFECTS OF RESTRICTIVE MONETARY POLICY SHOULD SUPPORT A PICK-UP IN DOMESTIC DEMAND || ECB SAYS IT WILL FOLLOW A DATA-DEPENDENT AND MEETING-BY-MEETING APPROACH TO DETERMINING APPROPRIATE MONETARY POLICY STANCE
ECB SAYS ECB IS NOT PRE-COMMITTING TO A PARTICULAR RATE PATH || ECB SAYS INTEREST RATES ECB TODAY DECIDED TO LOWER THREE INTEREST RATES BY 25 BASIS POINTS
ECB SAYS ACCORDINGLY, INTEREST RATES ON DEPOSIT FACILITY, MAIN REFINANCING OPERATIONS AND MARGINAL LENDING FACILITY WILL BE DECREASED TO 3.00%, 3.15% AND 3.40% RESPECTIVELY, WITH EFFECT FROM 18 DECEMBER 2024
ECB SAYS APP AND PANDEMIC EMERGENCY PURCHASE PROGRAMME (PEPP) APP PORTFOLIO IS DECLINING AT A MEASURED AND PREDICTABLE PACE, AS EUROSYSTEM NO LONGER REINVESTS PRINCIPAL PAYMENTS FROM MATURING SECURITIES
ECB SAYS EUROSYSTEM NO LONGER REINVESTS ALL OF PRINCIPAL PAYMENTS FROM MATURING SECURITIES PURCHASED UNDER PEPP, REDUCING PEPP PORTFOLIO BY €7.5 BILLION PER MONTH ON AVERAGE || ECB SAYS ECB WILL DISCONTINUE REINVESTMENTS UNDER PEPP AT END OF 2024 ...
ECB SAYS STAFF SEE HEADLINE INFLATION AVERAGING 2.4% IN 2024, 2.1% IN 2025, 1.9% IN 2026 AND 2.1% IN 2027 WHEN EXPANDED EU EMISSIONS TRADING SYSTEM BECOMES OPERATIONAL
ECB SAYS FOR INFLATION EXCLUDING ENERGY AND FOOD, STAFF PROJECT AN AVERAGE OF 2.9% IN 2024, 2.3% IN 2025 AND 1.9% IN BOTH 2026 AND 2027 || ECB SAYS DOMESTIC INFLATION HAS EDGED DOWN BUT REMAINS HIGH, MOSTLY BECAUSE WAGES AND PRICES IN CERTAIN SECTORS ARE STILL ADJUSTING TO PAST INFLATION SURGE WITH A SUBSTANTIAL DELAY
ECB SAYS FINANCING CONDITIONS ARE EASING, AS ECB’S RECENT INTEREST RATE CUTS GRADUALLY MAKE NEW BORROWING LESS EXPENSIVE FOR FIRMS AND HOUSEHOLDS || ECB SAYS BUT THEY CONTINUE TO BE TIGHT BECAUSE MONETARY POLICY REMAINS RESTRICTIVE AND PAST INTEREST RATE HIKES ARE STILL TRANSMITTING TO OUTSTANDING STOCK OF CREDIT
ECB SAYS STAFF NOW EXPECT A SLOWER ECONOMIC RECOVERY THAN IN SEPTEMBER PROJECTIONS || ECB SAYS STAFF SEE ECONOMY GROWING BY 0.7% IN 2024, 1.1% IN 2025, 1.4% IN 2026 AND 1.3% IN 2027 ...
ECB: OVER TIME, GRADUALLY FADING EFFECTS OF RESTRICTIVE MONETARY POLICY SHOULD SUPPORT A PICK-UP IN DOMESTIC DEMAND. ...
Читать полностью…ECB: APP AND PEPP PORTFOLIO IS DECLINING AT A MEASURED AND PREDICTABLE PACE, AS THE EUROSYSTEM NO LONGER REINVESTS PRINCIPAL PAYMENTS FROM MATURING SECURITIES. ...
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