EUR/CAD

WARSH: HAVE NOT CHANGED VIEW ON BALANCE SHEET IN FIRST FOUR WEEKS AT FED Fed's Warsh: It's no secret I wanted the Fed's balance sheet to be smaller. Fed's Warsh: Fed will remain independent after the Supreme Court.

FED'S WARSH: WILL LIKELY HAVE NEWS NEXT WEEK ON LEADERS OF TASK FORCES FED'S WARSH: WILL ASK BEST MINDS FROM INSIDE AND OUTSIDE THE U.S. Fed's Chair Warsh: The Fed stands for staying in its lane on monetary policy. Fed's Chair Warsh: Have been focused on monetary policy in the first four weeks. Fed's Chair Warsh on Productivity: If the last 4 quarters are an indication, there is reason to be optimistic. WARSH: FORWARD GUIDANCE NOT RIGHT POLICY FOR CURRENT MOMENT

Fed's Chair Warsh: We're in the price stability business. FED'S WARSH: LABOR MARKETS ARE STEADY || SUPPLY SIDE SOLID FED'S WARSH: INFLATION RISKS HAVE COME DOWN FED'S WARSH: WE'LL BE AN INDEPENDENT CENTRAL BANK FED'S WARSH: NO CHANGES IN INDEPENDENCE Fed's Chair Warsh: If models are an obstacle to good policy, get rid of them.

LAGARDE: NOT IN STAGFLATION MORE ECB'S LAGARDE: CONDITIONS THAT LED TO STAGFLATION IN THE 1970'S ARE NOT IN PLACE NOW; EU UNEMPLOYMENT NEAR A RECORD LOW #ecb #europeancentralbank #monetarypolicy #christinelagarde #sintraconference #interestrates #inflation

Fed's Chair Warsh: Expanded supply would have huge implications for policy. Fed's Chair Warsh: The US not afraid of productivity-led economic growth. *WARSH: SERIOUS QUESTION OVER TIMING OF AI IMPACT ON JOBS WARSH SAYS HAVE TO DELIVER BOTH ON EMPLOYMENT AND STABLE PRICES

BANK OF CANADA'S MACKLEM SAYS INFLATION CLEARLY ABOVE TARGET BoC's Gov. Macklem: We are at the bottom end of the neutral range, about the right level to keep inflation contained BoC's Gov. Macklem: We've got to be humble amid uncertainty, if situation changes, we are prepared to take action. BoC's Gov. Macklem: Open question when AI-driven disinflation kicks in BoC's Gov. Macklem: We will keep inflation expectations well anchored.

Fed's Chair Warsh: Not going to give forward guidance Fed's Warsh: We'll chart a new course so we can make better decisions. Fed's Chair Warsh: Going to have a good family fight at July FOMC meeting. Fed's Chair Warsh: Monetary policy spills over between our economies WARSH: IT'S UP TO THE CENTRAL BANK TO DECIDE IF AI IS INFLATIONARY

LAGARDE: IF I HAVE ONE REGRET IS THAT I WAS BOUND BY FORWARD GUIDANCE IN THE PAST ECB PRESIDENT CHRISTINE LAGARDE AT SINTRA CONFERENCE: WE RAISED RATES BECAUSE WE HAD THE PERFECT MONETARY POLICY CIRCUMSTANCES TO DO SO #ecb #europeancentralbank #monetarypolicy #christinelagarde #sintraconference #interestrates #inflation ECB's President Lagarde: Risks are more broadly balanced than a few weeks ago

The ECB Forum on Central Banking – the Sintra Forum – is an annual event organised by the European Central Bank and is held in Sintra, Portugal. It brings together central bank governors, academics, financial market representatives, journalists and others to exchange views on current policy issues and discuss the Forum’s key topic from a longer-term ...

Euro area annual inflation is expected to be 2.8% in June 2026, down from 3.2% in May according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in June (8.7%, compared with 10.8% in May), followed by services (3.2%, ...