European Central Bank President Lagarde: Labor cost growth will slow down.European Central Bank President Lagarde: The inflation problem has not yet been completed. European Central Bank President Lagarde said that the inflation problem has not yet been completed and the anti-inflation task has not yet ended, but inflation is moving towards the goal.Market News: The Director of the Federal Aviation Administration will step down on January 20th.
European Central Bank President Lagarde: Since July 2023, the flexibility of the Emergency Anti-epidemic Bond Purchase Program (PEPP) has not been used, and the transmission protection tool (TPI) has not been discussed.European Central Bank President Lagarde: The European Central Bank did not discuss neutral interest rates this week. Many things will become clear in the next few months, not in the next few weeks.German 2-year bond yields rose by 1 basis point to 1.96%.
Ukraine National Natural Gas Transportation Company: On December 13th, the designated amount of Russian natural gas in Suza Transfer Station was 42.29 million cubic meters, while on December 12th, it was 42.38 million cubic meters.After the European Central Bank moderately cut interest rates by 25 basis points, the EUR/GBP remained below 0.8250.Ceng Gang, Shanghai Finance and Development Laboratory: Judging from the economic situation and policy space, it is still possible to lower the RRR and cut interest rates in the future. The Central Economic Work Conference proposed to implement a moderately loose monetary policy. In this regard, Ceng Gang, chief expert and director of Shanghai Finance and Development Laboratory, said that the tone of "moderately loose" monetary policy is in the same strain as that of Politburo meeting of the Chinese Communist Party. China's monetary policy has been adjusted from "steady" to "moderately loose", aiming at boosting economic growth and alleviating downward pressure through a more active monetary policy, while providing support for key areas and structural adjustment. In response to the expression of "timely RRR cuts and interest rate cuts", Ceng Gang believes that from the current economic situation and policy space, it is still possible to implement RRR cuts in the future, especially in targeted cuts to required reserve ratios, to release long-term liquidity; The possibility of interest rate cuts is also greater, and it is expected that a one-time large-scale interest rate cut will be implemented at the end of this year or early next year. (SSE)
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide