Lagarde speech: Attentive to all commodity markets, supply bottlenecks
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the March policy meeting and responds to questions from the press.
Key takeaways
"We'll be particularly attentive to all commodity markets, supply bottlenecks."
"We'll be attentive to selling prices for firms."
"We'll be attentive to all demand indicators, wage trackers."
"In baseline, there is a bit of propagation from energy."
"Severe scenario has price of oil and gas significantly up and then falls back to baseline by end of horizon."
"In severe scenario oil price falls back beyond end of projection horizon."
"There is significant difference between scenarios."
BÀI VIẾT PHỔ BIẾN
1Japanese Yen gathers strength as BoJ hike bets ramp up2Canadian Dollar gains amid elevated oil prices, escalating US trade sanctions3New Zealand Dollar holds gains above 0.5850 after Chinese inflation data 4Australian Dollar remains on the front foot vs weak USD after China's inflation data5Australian Dollar inches higher against Japanese Yen following China’s inflation data60.8%: China’s CPI inflation rises in August7US President Donald Trump bans Canadian autos, dairy and alcohol8WTI surges as US strikes Iranian tankers9PBOC sets USD/CNY reference rate at 6.7769 vs. 6.7804 previous
