Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Decline bolsters expectations that ECB will cut interest rates again this month
Softer price pressure and weak economic activity increase chances of ECB rate cut in October
Austria’s central bank governor Robert Holzmann says Eurozone borrowing costs could fall to 2.5% by mid-2025
Christine Lagarde says policymakers decided ‘unanimously’ on this year’s second quarter-point reduction
‘Partisan’ move overrides tradition of government and opposition striking deal on new governor
Markets expect further ECB rate cuts following dip in price pressures
Easing of price pressures in two major Eurozone economies lifts hope for lower interest rates from next month
Philip Lane wary of amount of relief central bank will be able to provide borrowers
As the economic picture becomes clearer, the institutions need to start playing catch-up in their pace of policy loosening
Closely watched gauges of long-term Eurozone and UK price pressures sink as growth worries mount
Governing council believes inflation is still on track to hit 2% goal but wants more evidence before easing again
While most policymakers think pay increases will not drive up inflation, some economists are worried
European Central Bank’s vote in September now ‘very close call’, after price pressures tick up
Rate-setters’ confidence that they will hit 2% goal indicates rate reduction at next policy vote is increasingly likely
Rate-setters warn lax fiscal policy could revive inflation and complicate efforts to lower borrowing costs
Closely watched tracker from Indeed website hits 4.2%, up from 3.5%
Move to lower borrowing costs concerned many policymakers as inflation and wages moved in opposite direction
Also in this newsletter: why von der Leyen is glued to her phone at the moment
Lower rises in energy and fresh food costs are offset by persistently high services prices
Policy like it’s 1999
Eastward expansion of 20-country currency bloc suffers setback
IG Metall makes its pitch for millions of electrical and metal workers in the country’s manufacturing heartlands
Eurozone policymakers not following ‘pre-determined path’ after recent cut, says president
Bundesbank chief Joachim Nagel urges caution after borrowing costs were lowered for first time in 5 years
