Afraid of a strong dollar? ECB official: We have to consider the Fed's movements when making decisions

Robert Holzman, a member of the ECB Governing Council and Governor of the Bank of Austria, said that due to the huge influence of the Federal Reserve on the US dollar, ECB policymakers must take into account the Federal Reserve's trends when formulating monetary policy.

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Eurobank's hawkish management committee says there is room for loosening policies and predicts that interest rates will be cut by 50 basis points during the year

① Hawkish official Wen Shi also believes that maintaining the current state of austerity for too long may face greater risks than premature relaxation; ② He mentioned that if the economic conditions and monetary policies between Europe and the US differ too much, it may have a significant impact on the euro exchange rate, which in turn causes consumer prices in the Eurozone to face an upward risk.

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ECB Governing Council Member Holtzman: There is no reason to lower interest rates too fast.

ECB Governing Council Member Holtzman: There is no reason to lower interest rates too fast.

Zhitong FinanceMay 8 21:20

ECB Governing Council Wen Shi: I see that there is a path to starting interest rate cuts this year

ECB Governing Council Went Shih: The cost of staying tight for too long seems to outweigh the cost of easing too soon. There is room to cut interest rates by 50 basis points, but the exact timing will depend on the data. It is necessary to critically re-evaluate the ECB's modeling framework and the role of models in policy formulation.

Zhitong FinanceMay 8 21:02

German Industry Won't Help Economic Growth in Coming Months -- Market Talk

German industrial production might continue to weaken in the coming months, with incoming orders still subdued, before a mild recovery in the second half of 2024, according to Commerzbank economist Ralph Solveen.

WSJMay 8 17:47

Heavy! The “full circulation” rule for H shares was adjusted, and the brokerage abolished transaction quota control

After the implementation of the new regulations, investors are not required to register before reducing their holdings. After reducing their holdings, they must register with the Foreign Exchange Bureau within 20 working days. The brokerage firm removed transaction amount control.

券商中國May 8 09:16