Opening Bell: 3.20.24

dealbreaker.com Is Microsoft Building an Unassailable Lead in A.I.? [DealBook]Microsoft hired a former Google executive to run its consumer A.I unit. Mustafa Suleyman co-founded DeepMind, a…

Lagarde Says Euro-Zone Economy Is Showing Signs of Recovery

youtube.com Europe’s economy is nearing the end of a malaise that’s resulted in more than a year of near stagnation, according to European Central Bank President Christine Lagarde.…

Here's what 12 European Central Bank members said about interest rates this week

cnbc.com A host of economists and monetary policymakers gathered in New York this week for the International Monetary Fund's Spring Meetings — including numerous decision-makers from…

European Central Bank should cut in June to avoid falling behind inflation curve, policymaker says

cnbc.com Francois Villeroy de Galhau, governor of the Bank of France, during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday,…

It's Not Rate Hikes That Are "Sparking An Economic Boom", It's The Fiscal Stimulus

zerohedge.com It's Not Rate Hikes That Are "Sparking An Economic Boom", It's The Fiscal Stimulus By Michael Every of Rabobank The Polybius Crisis Take a step back (in time), and see that…

Dollar Falls with T-Note Yields

barchart.com on Wednesday fell by -0.28%. The dollar was under pressure Wednesday due to a decline in T-note yields. Also, the euro's strength Wednesday undercut the dollar based on…

Middle East tensions pose the biggest threat to rate cuts, European Central Bank policymaker says

cnbc.com Robert Holzmann, governor of Austria's central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023. Tensions in the Middle East pose the biggest…

Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil

cnbc.com European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to any major shocks.…

It's Not Just The Middle East: Here Are The Main Events This Busy Week

zerohedge.com It's Not Just The Middle East: Here Are The Main Events This Busy Week While back on Friday the market's attention was mostly on the start of earnings season, this weekend's…

European Central Bank Leaves Rates Unchanged Lagarde

youtube.com European Central Bank chief Christine Lagarde is striking a less defiant tone on the influence of Federal Reserve policy even as she firms up plans to go it alone with an…

The European Central Bank might beat the Fed to interest rate cuts

axios.com Wednesday's elevated U.S. inflation reading made interest rate cuts from the Federal Reserve look more distant. The Fed's counterparts across the Atlantic were unfazed. Why…

Spring, Summers, Nuclear Fall(out), Or Winter?

zerohedge.com Spring, Summers, Nuclear Fall(out), Or Winter? By Michael Every of Rabobank Yesterday’s US CPI was radioactive. Headline and core were both 0.4% m-o-m, and 3.5% and 3.8%…

Central banks must resist pressure for early rate cuts, says IMF head

theguardian.com The world’s leading central banks must resist growing pressure for early interest rate cuts amid concerns over stubbornly high inflation on both sides of the Atlantic, the…

European Central Bank declines to cut rates because ‘domestic price pressures are strong and are keeping services price inflation high’

fortune.com The European Central Bank left its key interest rate benchmark unchanged Thursday, choosing to wait for confirmation that rapidly receding inflation is firmly under control…

Euro Extends Decline After ECB Holds Rates At Highs, Hints At Cuts To Come

zerohedge.com Euro Extends Decline After ECB Holds Rates At Highs, Hints At Cuts To Come After yesterday's US CPI print - and the dramatic adjustment to market expectations of Fed policy…

ECB Preview: No Surprises Today With All Eyes On June

zerohedge.com ECB Preview: No Surprises Today With All Eyes On June Summary: ECB policy announcement due Thursday 11th April; rate decision at 13:15BST/08:15EDT, press conference from…