Pierre Wunsch News

13.03 / 13:55

COST Citi Manufacturing Volkswagen Rheinmetall Interviews Europe’s idling factories eye future in the military

Subscribe to enjoy similar stories. Europe’s industrial production recovered at the start of a year that could see the beginnings of new investment and a new dawn for the beleaguered manufacturing sector. In the 20-member eurozone, industrial output was 0.8% higher in January than a month earlier.

13.07 / 06:36

markets Target FIVE Reuters show country Interviews ECB's next rate cut an easy decision before choices become hard, Wunsch says

Bank's next interest rate cut is still a relatively easy decision, but subsequent moves should only come once inflation is clearly heading towards the 2% target, ECB policymaker Pierre Wunsch said in an interview. The ECB cut rates in early June but made no commitment about any further moves, arguing inflation was still too high and it lacked the confidence that 2% was within reach.

13.03 / 13:41

COST Target economy Food President Rate Cut ECB rate cut likely in June, French central bank chief says 'victory on inflation really within sight'

European Central Bank will lower borrowing costs in the spring, with June more likely than April for a first move, Bank of France Governor Francois Villeroy de Galhau said. “We will probably cut rates in spring, and spring in Europe is from April to June 21," Villeroy said on France Info radio.

12.03 / 23:11

COST UPS Food reports rights ECB should 'make a bet' on rates before long, says Wunsch

BRUSSELS (Reuters) — The European Central Bank will have to gamble soon with an interest rate cut even though wage inflation and price rises for services are uncomfortably high, Governing Council member Pierre Wunsch said.

20.11 / 16:39

Citi Target Manufacturing Action economy country reports EUR/USD Bulls Charge Ahead as Fed Easing Bets Intensify

The EUR/USD pair is likely to be among the more active currency pairs this week, which I am expecting to potentially rise to the 1.10 handle amid improved risk sentiment and recent falls in US yields and the US dollar. Although the economic situation in the eurozone remains far from convincing, the market may have gotten ahead of itself with regard to ECB rate cuts being priced in as early as April.

21.09 / 14:57

COST UPS Target Reuters President show ECB policymakers warn over risk of further hikes

FRANKFURT (Reuters) -Euro zone inflation is stubbornly high with upside risks, so the European Central Bank's next move could still be a rate increase before cuts come onto the agenda, several policymakers said on Thursday.

06.03 / 14:07

Provident Digital Central Bank Belgian Central Bank Governor Says Crypto Winter Was ‘Good News’ – Here’s Why

The Belgian Central Bank Governor says his organization celebrated the 2022 slump in crypto prices – and says last year’s onset of crypto winter “was good news for us.”

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