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EUR/CAD News
Eurozone: Prudent Approach by ECB as It Takes Rates Lower – UOB Group
ECB's Stournaras: A 25 Bps December Rate Cut Is the Right Response to Trade Tariffs
EUR: Geopolitics and Trump Threat Weigh – ING
French Business Climate Worsens in November
ECB's Villeroy Expects Little Inflation Impact From Possible Tariffs
European Central Bank Deputy Governor Villeroy: Trump tariffs difficult to shake European inflation, central bank easing plan unchanged.
Although the return of Trump to the White House may cause concerns about the imposition of trade tariffs, this will not affect the loose plans of the European Central Bank.
The European Central Bank's Villeroy believes that Trump's tariffs will not have a significant impact on inflation in europe.
European Central Bank board member Francois Villeroy de Galhau stated that the potential trade tariffs during Donald Trump's second presidential term will not disrupt the European Central Bank's plans for easing policy. The French central bank governor mentioned at a conference in Tokyo on Thursday that the expected increase in tariffs by the United States is not likely to significantly alter Europe's inflation outlook. The risks of price increases and economic growth shifting in a 'weakly positive direction.' 'Based on this assessment, our board decided on October 17 to cut the deposit facility rate by 25 basis points to 3.25%, marking the third rate cut.'
Express News | European Central Bank's Villeroy: Trump's tariffs will not have a significant impact on inflation in the eurozone.
ECB's Villeroy Sees No Big Inflation Hit From Trump Tariffs
EU New Car Market Rebounds 1.1% in October
Express News | The economic recovery in the Eurozone is weak, and there are high risks associated with sovereign debt in several countries.
Canada's Liberal Government Agrees to Exempt Sales Tax on Some Goods, Services, Political Rival Says
ECB's Stournaras: 2% Inflation Target to Come in Early 2025
European Central Bank committee member and Governor of the Bank of Greece Stournaras: It is expected that the euro area will achieve the 2% inflation target at the beginning of 2025.
November 21st, Stournaras, member of the European Central Bank Governing Council and Governor of the Bank of Greece: The European Central Bank's policies have been successful in combating qualcomm inflation. It is expected that the euro area will achieve the 2% inflation target at the beginning of 2025. The central bank interest rates will remain restrictive for a period of time. The necessity for the European Central Bank to avoid inflation falling below the target is increasing. The euro area's economic growth still faces downside risks. Financial conditions are tightening, which has already had an impact on the euro area's economic growth.
Canadian Dollar Ends Win Streak Before It Can Fully Begin
Canada Employment Minister Quits Over Business Ties, Indigenous Claims
Deflation Risk Hovers Over Canada Economy -- Market Talk
ECB's Stournaras Sees 2% Inflation Goal Reached at Start of 2025
European Equities Close Lower in Wednesday Trading; ECB Sees Elevated Financial Stability Risk
Canada's Inflation Ticks Up, May Not Dissuade Central Bank From 50bps Rate Cut, Says UBS