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ECB
Trends
- 1Spain Backs de Cos as Candidate for ECB Chief▼Spain Central Bank Sees Serious Support for de Cos as ECB Chief
Spain's central bank says governor Pablo Hernández de Cos has serious backing in the contest to become the next president of the European Central Bank. The statement signals Madrid is actively promoting its candidate as European governments weigh who should succeed Christine Lagarde when her term ends.
- 2Lagarde Warns of Darkening Inflation Outlook in Europe▼Lagarde Paints Darkening Picture of Inflation in Europe
Christine Lagarde, president of the European Central Bank, has issued a warning that the inflation outlook in the euro area is worsening. The remarks suggest growing concern at the ECB over price pressures, fuelling debate about how long interest rates may have to stay elevated and what the shift means for European households, businesses and policymakers already grappling with the cost-of-living squeeze.
- 3
Searches for the key policy rate are trending in France. The topic covers central bank decisions on the benchmark rate that shape borrowing costs for households and businesses, including the ECB's rate for the eurozone. A related story circulating is Lebanon's hope to conclude a new services-level agreement with the IMF, showing how rate and lending conditions remain in focus.