Latest news and stories about economic indicator in europe in Sintra, Lisboa, Portugal for expats and residents.
Economist Ricardo Reis predicts that inflation will peak between 3% and 3.5% following his participation in the ECB Forum in Sintra.
ECB President Christine Lagarde defends recent interest rate hikes as a necessary response to rising inflation, while global economic experts gather in Sintra to discuss monetary policy challenges.
Marcel Fratzscher, president of the German Institute for Economic Research, known as DIW Berlin, warns of the dependency on China and the United States and says that Europe's priority should be to invest in people, innovation, and a common energy policy, but considers that governments continue to privilege national interests to the detriment of others.
The President of the European Central Bank (ECB), Christine Lagarde, argued today that the interest rate hike at the June meeting occurred because there were the “perfect monetary policy circumstances to do so,” namely high inflation prospects.
Lagarde and other officials from major central banks refuse to provide any “forward guidance” on the path they will take regarding interest rates. “There is a lot of uncertainty out there,” they said in Sintra.
This year's theme is 'Shaping the future of Europe: innovation, growth and stability' and it begins on June 29th with an opening speech by Christine Lagarde, President of the ECB.
The European Central Bank's annual forum in Sintra, Portugal, will focus on the theme 'Shaping Europe's future: innovation, growth and stability'. The three-day event will feature debates on artificial intelligence, the economic impact of immigration, and the challenges of digital currencies, alongside a panel discussion with central bank leaders.
