Nagel: Monetary policy in times of multiple challenges
Ladies and gentlemen, Thank you very much for the invitation and the kind words. I am pleased to be with you today. Tomorrow the first door in the Advent calendar will open. For some people, before Christmas is a contemplative, cozy time - for example with visiting the Christmas market or baking cookies. For some, however, it is more stressful. For many, the approaching turn of the year also gives an opportunity to look back on the year that is coming to an end and think about the year ahead. On the occasion of today's annual reception, I would like to review with you monetary policy in 2023, followed by an outlook ... (full story)
ECB'S NAGEL: A LEANER ECB BALANCE SHEET DESIRABLE, REDUCTION CAN ACCELERATE.— Breaking Market News (@financialjuice) November 30, 2023
ECB'S NAGEL: LONGER TERM INFLATION EXPECTATIONS STILL SOME WAY FROM 2%.— Breaking Market News (@financialjuice) November 30, 2023
ECB'S NAGEL: INFLATION RISKS STILL ON UPSIDE SO FURTHER RATE HIKE CAN'T BE RULED OUT.— Breaking Market News (@financialjuice) November 30, 2023
- Older Stories
post: ANGOLA TO PRODUCE 1.18M BPD, REJECTING OPEC QUOTA CALL FOR 1.11M BPD OUTPUT post: #Angola #OPEC governor says Angola will produce 1.18mbpd and rejects and will not stick to the new OPEC quota #oott
post: #UAE said to cut its crude production by 160kbpd in 1Q #oott
A gauge of pending sales of existing US homes fell to its lowest level on record in October, illustrating a resale market battered by high borrowing costs and prices. The National ...
- Newer Stories
The Bank of Canada is widely expected to hold the target for the overnight rate at 5% at the upcoming policy meeting on 6 December. At the October policy meeting, the accompanying ...
post: #Iraq announces an additional voluntary reduction in oil by 211 thousand barrels per day #oott https://t.co/Rew3VcJcKP
post: US TREASURY SECRETARY YELLEN: THE SIGNS ARE VERY GOOD THE US WILL ACHIEVE SOFT LANDING. post: YELLEN: LABOR MARKET IS ESSENTIALLY AT FULL EMPLOYMENT, ECONOMY IS CONTINUING TO GROW YELLEN: DOES NOT THINK FURTHER DRASTIC MONETARY POLICY TIGHTENING IS NEEDED YELLEN: INFLATION HAS NOW COME WAY DOWN, WAGE GAINS ARE TRANSLATING INTO MORE REAL INCOME