ECB's Nagel says the longer the conflict lasts, the greater the risk that inflation will remain high without ECB intervention and starting point much better than in 2022
Nagel’s comments suggest a hawkish tone from the ECB, indicating that prolonged conflict could necessitate intervention to manage inflation.
Russian President Putin made decision to announce temporary ceasefire in conflict with Ukraine, Ria reports; is in connection with Victory Day and will be in effect May 8-9th
Fed's Williams (voter) says in a time of uncertainty and economic shocks, natural to see diverging views on FOMC
ECB's Nagel says the longer the conflict lasts, the greater the risk that inflation will remain high without ECB intervention and starting point much better than in 2022
Following the developments in the Gulf, PM Netanyahu is holding several security discussions today and Israel is prepared for any scenario, Amichai Stein reports citing Israeli source
Israeli official to News 14 says Ready to return to immediate fighting in Iran, awaiting the green light from the Americans
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- June rate hike may be warranted if the inflation outlook does not improve significantly
The mention of a potential June rate hike highlights the bank's readiness to act if inflation doesn't improve, which could have significant implications for euro and bond markets as investors recalibrate expectations for monetary policy.
Related headlines
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement15 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 11 hours ago
- US FX WRAP: Dollar sees two-way trade, as Yen gains on Bessent remarks5 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT8 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight8 hours ago
- Newsqawk European Market Wrap - 9th September 202610 hours ago
- Newsquawk Daily US Opening News - 9th September 202615 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL6 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened15 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent15 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election6 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer6 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"8 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7074 (prev. 6.7769)30 min ago
- Primer: US PPI due Thursday 10th September at 13:30BST/08:30EDT4 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest17 hours ago
- Volkswagen (VOW3 GY) files to sell USD-denominated debt; 5-parter12 hours ago
- US trade official says China is ramping up their purchases and that China is on track to fulfill farm purchases ahead of Chinese President Xi's Washington visit, according to SCMP1 hour ago
- A jet-powered attack drone nearly collided with Ukrainian President Zelensky's airplane on Tuesday, according to FT1 hour ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim5 hours ago
The whole workspace, free to try.
Try it free