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Inflation Forecast

All articles tagged with #inflation forecast

financeeconomy1 year ago

"ECB Holds Rates Amid Inflation and Growth Forecast Cuts"

The European Central Bank held interest rates steady and reduced its inflation and growth forecasts, with projections showing a lower economic growth of 0.6% in 2024 and a decrease in inflation to an average of 2.3%. Market expectations for rate cuts have increased, with the euro trading lower against the British pound. The ECB forecasts a GDP expansion of 1.5% in 2025 and 1.6% in 2026, while Germany has slashed its growth forecast for 2024 to 0.2%. The ECB's key rate remains at 4%, and market participants are looking to the June meeting for potential rate cuts.

via CNBC|
#euro-zone#european-central-bank#financeeconomy
finance2 years ago

"Bank of Japan Maintains Ultra-Loose Policy and Signals Confidence in Price Goal"

The Bank of Japan has maintained its ultra-loose monetary policy, keeping interest rates at -0.1% and trimming its core inflation forecast for the next fiscal year. The decision was widely expected, and the central bank's move to retain negative rates makes it the only one in the world with such a policy. The BOJ's outlook for the Japanese economy includes a lowered growth forecast for core consumer prices in fiscal 2024, but a marginal increase for fiscal 2025. Governor Kazuo Ueda is set to explain the decision in a press conference, with market consensus pointing to a potential change in the negative rates regime at the BOJ's April meeting.

via CNBC|
#bank-of-japan#finance#inflation-forecast
finance2 years ago

ECB Holds Rates Steady, Lowers Inflation Forecast

The European Central Bank (ECB) has decided to keep interest rates unchanged but has lowered its inflation forecast. The ECB's decision comes as it continues to monitor the economic outlook and assess the impact of the ongoing pandemic. Despite the unchanged interest rates, the lowered inflation forecast suggests that the ECB may take further action in the future to stimulate economic growth and combat low inflation.

via Financial Times|
#ecb#economic-outlook#finance