Created
: 2025.05.23
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
ECB's Lane: We are confident that service inflation will come back
World FX news
Breaking news
ECB's Lane: We are confident that service inflation will come back
New
2025.05.23 19:57
2025.05.23 19:57
2025.05.23 19:57
European Central Bank (ECB) chief economist Philip Lane said on Friday that they are confident that the service inflation in the Eurozone will continue to decline, per Reuters.
""We're seeing wage contracts having actually quite low settlements for this year, even lower for next year," Lane explained. "So we are confident that service inflation will come back."
Earlier in the day, the data published by the ECB showed that Negotiated Wage Rates rose by 2.38% on a quarterly basis in the first quarter, down from the 4.12% increase recorded in the previous quarter.
ECB FAQs
The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will usually result in a stronger Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.
In extreme situations, the European Central Bank can enact a policy tool called Quantitative Easing. QE is the process by which the ECB prints Euros and uses them to buy assets - usually government or corporate bonds - from banks and other financial institutions. QE usually results in a weaker Euro. QE is a last resort when simply lowering interest rates is unlikely to achieve the objective of price stability. The ECB used it during the Great Financial Crisis in 2009-11, in 2015 when inflation remained stubbornly low, as well as during the covid pandemic.
Quantitative tightening (QT) is the reverse of QE. It is undertaken after QE when an economic recovery is underway and inflation starts rising. Whilst in QE the European Central Bank (ECB) purchases government and corporate bonds from financial institutions to provide them with liquidity, in QT the ECB stops buying more bonds, and stops reinvesting the principal maturing on the bonds it already holds. It is usually positive (or bullish) for the Euro.
Last updated
: 2025.05.23
Related articles
USD/CHF Price Forecast: Posts weekly loss, despite Friday rebound to 0.8100
2025.06.14 06:54Canadian Dollar continues to ride Greenback weakness to new highs
2025.06.14 05:08EUR/USD retreats as Israel-Iran conflict jolts markets, ends 4-day rally
2025.06.14 04:56AUD/USD retreats as geopolitical risks increase, limiting US Dollar weakness
2025.06.14 04:18USD/JPY recovers above 144.00 on Israel-Iran tensions, cautious BoJ
2025.06.14 03:21USD/CAD breaks 1.3600 as US Dollar weakness returns
2025.06.14 02:23
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
USD/CHF Price Forecast: Posts weekly loss, despite Friday rebound to 0.8100
The USD/CHF ended Friday's session with gains of over 0.04%, but in the week fell over 1.37% to a one-month low of 0.8054. At the time of writing, the pair trades at 0.8104 due to increased demand for the Dollar amid risk aversion.
New
2025.06.14 06:54Oil Price Forecast: WTI rallies to $74 before settling above $72
WTI crude oil is surging amid escalating geopolitical tensions, with Israel's recent strikes on Iran fueling a rally that pushed prices above the $74.00 handle on Friday.
New
2025.06.14 05:48Canadian Dollar continues to ride Greenback weakness to new highs
The Canadian Dollar (CAD) caught yet another bid on Friday, climbing into new eight-month highs as the US Dollar (USD) holds in place and Crude Oil prices surge.
New
2025.06.14 05:08EUR/USD retreats as Israel-Iran conflict jolts markets, ends 4-day rally
EUR/USD ends four-day winning streak, prints losses on Friday as risk appetite takes a hit after Israel launched an attack on Iran, boosting the safe-haven appeal of the US Dollar (USD). At the time of writing, the pair trades around 1.1530, down 0.36%.
New
2025.06.14 04:56AUD/USD retreats as geopolitical risks increase, limiting US Dollar weakness
The Australian Dollar (AUD) is weakening against the US Dollar (USD) on Friday, with price action being guided by a combination of factors.
New
2025.06.14 04:18USD/JPY recovers above 144.00 on Israel-Iran tensions, cautious BoJ
The Japanese Yen (JPY) is trading weaker against the US Dollar (USD) on Friday, as geopolitical tensions and central bank policy divergence drive market flows.
New
2025.06.14 03:21Gold surges past $3,400 on Israel-Iran war risk, soft US inflation boosts safe-haven demand
Gold price rallied for the third consecutive day after the Israel-Iran conflict erupted on Friday, triggering a risk-off mood in financial markets as fears that it could escalate loom. At the time of writing, XAU/USD trades at $3,422, up more than 1%.
New
2025.06.14 02:52USD/CAD breaks 1.3600 as US Dollar weakness returns
The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) in the American session on Friday, with the Loonie erasing gains from earlier sessions.
New
2025.06.14 02:23Dow Jones Industrial Average erases gains on renewed geopolitical tensions
The Dow Jones Industrial Average (DJIA) fell on Friday, shedding over 600 points from the previous day's close as investors pulled back following Israel's unexpected wave of strikes on Iran. Consumer sentiment data rebounded more than expected, helping to ease Friday's downside momentum.
New
2025.06.14 00:29GBP/USD plunges as Israel-Iran conflict rattles markets, boosts US Dollar
GBP/USD tumbled over 0.40% on Friday as geopolitical tensions triggered a flow towards the Dollar haven status after Israel launched an attack on Iran, which escalated the Middle East conflict. The pair traded near 1.3550s after hitting a yearly peak of 1.3631.
New
2025.06.14 00:14Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
