Stagflation Dangers Stalk Europe as Markets Eye End to Hikes

European policymakers are increasingly concerned about stagflation, as evidence of slowing growth and persistent inflation weighs on their economies, prompting reassessment of interest-rate settings.

yahoo.com

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8/25/2023

Momentum growing for ECB rate hike pause as growth falters -sources

European Central Bank policymakers are increasingly concerned about deteriorating growth prospects and there is growing momentum for a pause in rate hikes as major economic indicators come in below expectations, suggesting a recession is now a distinct possibility.

8/26/2023

Christine Lagarde vows to keep EU interest rates high 'as long as necessary' to slay the beast of inflation

President of the European Central Bank, Christine Lagarde, stated that interest rates in the European Union will need to remain high to combat inflation, despite progress being made, emphasizing the challenges posed by disruptions in the global and European economies.

8/26/2023

ECB’s Lagarde says interest rates to stay high as long as needed to defeat inflation

The European Central Bank (ECB) will maintain high interest rates for as long as necessary to combat persistent inflation, according to ECB President Christine Lagarde, amid efforts to manage a stagnating economy; however, the ECB is also considering longer-term economic changes that may contribute to sustained inflation pressures.

9/16/2023

Eurozone Finance Chiefs Worry Extremism May Rise from Cost-of-Living Squeeze

Euro-area finance ministers are expressing concerns about political radicalization in Europe due to the shaky economy, sticky inflation, and voters searching for different options. There are worries of extremist parties gaining ground, particularly the far-right, amid economic challenges and upcoming EU elections. The impact of the European Central Bank's interest rate decisions on savers and the loss of competitiveness of the European economy are additional worries.

9/21/2023

Russia's Economy Stumbles as Inflation Soars and Recession Looms

Russia's economy is facing stagnation due to poorly timed interest rate hikes and high inflation, according to economists, despite President Putin's claims that the country's financial problems are manageable.

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Posted 8/31/2023, 12:43:23 PM

Stagflation Dangers Stalk Europe as Markets Eye End to Hikes

European policymakers are increasingly concerned about stagflation, as evidence of slowing growth and persistent inflation weighs on their economies, prompting reassessment of interest-rate settings.

yahoo.com

Relevant topic timeline:

8/25/2023

Momentum growing for ECB rate hike pause as growth falters -sources

8/26/2023

Christine Lagarde vows to keep EU interest rates high 'as long as necessary' to slay the beast of inflation

8/26/2023

ECB’s Lagarde says interest rates to stay high as long as needed to defeat inflation

9/16/2023

Eurozone Finance Chiefs Worry Extremism May Rise from Cost-of-Living Squeeze

9/21/2023

Russia's Economy Stumbles as Inflation Soars and Recession Looms