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ECB’s de Guindos: First Rate Cut in June, Barring Surprises

ECB’s de Guindos: First Rate Cut in June, Barring Surprises

By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that if the disinflationary process continued and nothing unexpected materialised, the ECB would start easing its monetary policy in June.

23 April 2024
Exclusive: Moderation in French Wage Growth Compatible with 2% Inflation in 2024, says Banque de France Expert

Exclusive: Moderation in French Wage Growth Compatible with 2% Inflation in 2024, says Banque de France Expert

By Isabel Teles – FRANKFURT (Econostream) – The first wage agreements for 2024 recently concluded in France show an average year-on-year negotiated wage growth around 3.5% and point to a moderation trend compatible with reaching the 2% inflation target by the end of 2024 in the country, Erwan Gautier, Banque de France’s head of the Microeconomic Analysis Division, told Econostream in a recent interview (transcript here ).

22 April 2024