Latest news and stories about economic indicator in finance 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.
This Tuesday features key economic updates including INE's June inflation estimates, the deadline for IRS tax filings, and the second day of the European Central Bank's annual forum in Sintra.
The ECB Forum brought the world's most powerful central bankers back together in Sintra. Interest rates, inflation, Kevin Warsh's debut at the Fed, and the impact of artificial intelligence: we explain the key takeaways from three days that the markets followed minute by minute.
Over the last three days, central bankers, economists, analysts, and journalists headed to Sintra to debate the main challenges of monetary policy, innovation, and economic growth. But while the European Central Bank's (ECB) traditional annual forum has Christine Lagarde as its main face, it was her American counterpart, Kevin Warsh, who ended up stealing the spotlight...
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.
ECB forum concludes with a debate between the four leaders of the world's largest central banks. Independence was once again a key topic.
Kevin Warsh, the new chair of the US Federal Reserve, asserted the institution's independence during the ECB Forum in Sintra, Portugal, dismissing pressure from Donald Trump to cut interest rates. Warsh emphasized that the Fed remains committed to price stability and an inflation target of 2%, despite Trump's previous criticism of his predecessor, Jerome Powell. Meanwhile, ECB President Christine Lagarde concluded the forum with a lighthearted remark about an AI-generated speech, while discussions throughout the event highlighted the potential economic impacts of artificial intelligence and the role of immigrants in boosting investment and productivity.
The chair of the US Federal Reserve (Fed), Kevin Warsh, reinforced this Wednesday at the European Central Bank (ECB) annual forum in Sintra the institution's commitment to price stability, noting that inflation expectations have decreased since the beginning of his term. “Inflation expectations throughout the first...
With Christine Lagarde present in the front row of the audience, the European Central Bank Forum in Sintra was stirred this Tuesday by the headaches that Artificial Intelligence is causing for economists and central bankers.
Immigration from countries outside the OECD has been an important driver of economic growth per worker, according to a study from the University of California, which found an association between economic performance and more open migration policies.
The drop in oil prices has encouraged some of those present at the European Central Bank (ECB) Forum, which is taking place in Sintra until Wednesday. However, the optimism is cautious, with warnings that energy costs will remain high and that the energy shock will continue to impact the economy. Oil prices...
The euro rose again today to the 1.14 dollar level, at a time when uncertainties remain in the Middle East and several central banks are meeting in Sintra.
European Central Bank President Christine Lagarde defended the recent interest rate hike to 2.25% at the ECB Forum in Sintra, noting that while Europe is showing resilience to economic shocks, the durability of the US-Iran agreement remains uncertain, leaving future monetary policy decisions open.
In her opening speech at the ECB Forum in Sintra, Christine Lagarde guarantees that the European economy is more resilient to shocks and, therefore, any “adjustments” to interest rates will be “measured”.
The president of the European Central Bank (ECB), Christine Lagarde, rejected this Monday that the 25 basis point interest rate hike at the institution's last meeting served as a “safety” measure, justifying that keeping rates constant would have left inflation above 2% next year and in 2028. “There were those who characterized the...
The President of the European Central Bank (ECB), Christine Lagarde, believes that monetary policy has entered a new phase, returning to the “essentials”, after the response to crises over the last decade and a half involved the use of unconventional instruments, such as debt purchasing. “In the last 15 years, a context of extraordinary pressures required responses...
The ECB raised rates this month, which had not happened in three years. The trajectory until the end of the year will depend on the evolution of the war in the Middle East, but markets anticipate another increase.
This forum is an annual event organised by the ECB and held in Sintra, Portugal, which brings together central bank governors, academics, and financial market representatives.
This Monday marks the start of the annual European Central Bank Forum in Sintra. The INE will measure consumer confidence, and the OECD will present the results of a survey on the factors determining trust in public institutions for 2026. Also highlighting the day are the data from the Banco de Portugal regarding...
For 12 years, Sintra has transformed at the end of June into a kind of informal capital for global monetary policy. This Monday, the European Central Bank (ECB) opens the 13th edition of its annual Forum, which runs until Wednesday and brings together key central bank decision-makers, economists, and academics around a theme...
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.
The webpage provides a variety of recent news updates related to Portugal, including economic, political, and social issues. Key highlights include the acceleration of inflation to 2.1% in February, discussions on fuel price trends and expectations for the upcoming week, and a notable incident involving two tons of spoiled food at a restaurant in Cacém. Additionally, the Portuguese President celebrated his 64th birthday, and there are ongoing debates about judicial processes and reforms. Other topics cover regional security concerns in the Middle East, infrastructure disputes between transportation companies, and cultural news about Michelin-starred restaurants. Overall, the page offers a comprehensive overview of current events impacting Portugal across multiple sectors.
The tax that was applied to electricity producers has been abolished. The Council of Ministers approved on Wednesday the decree-law that ends the competitive balance mechanism, also known as clawback. In a press conference following the Council of Ministers meeting in Sintra, the Minister of the Presidency emphasized that the government ...
