ECB President Lagarde (Q&A): Will be particularly attentive to all commodity markets, supply bottlenecks and survey data such as PMIs, wage tracker
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ECB President Lagarde (Q&A): There were two alternative scenarios, one adverse and one severe; difference is that energy prices stay higher for longer
ECB President Lagarde (Q&A): Cannot provide a timeline, when asked when the ECB will take action
ECB President Lagarde (Q&A): Will be particularly attentive to all commodity markets, supply bottlenecks and survey data such as PMIs, wage tracker
Novatek is poised to increase naphtha exports from Ust-Luga in March by half from February to 550k tonnes, sources say
UK ministers are to visit European capitals next week in a bid to deepen ties with the EU on financial services, Bloomberg reports
On the Newsquawk feed at , 20 minutes before this page.
Context
Lagarde's emphasis on monitoring commodity markets and supply bottlenecks indicates a proactive stance on inflationary pressures, especially as they relate to broader economic activity captured by PMIs and wage trends. This dovish tone suggests potential for more nuanced policy adjustments at the ECB as they navigate these challenges, which could impact eurozone rates and the euro's trajectory in the near term.
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