https://twitter.com/Schuldensuehner/status/1636370985892077568 #ECB's Lagarde: 3-4 members didn't support ECB decision. ECB decision was supported by 'very large majority.' https://t.co/lEXVePl6A7 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1636374768210546691 #ECB's Lagarde on wage rises: Hope for proper burden sharing of cost-push "tax." Burden sharing would reduce risk of second-round effects. https://t.co/T3BTQk10iZ via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1636376580938399744 #ECB's Lagarde said there was "no tradeoff" between price & financial stability. Lagarde referenced the separation principle that lender of last resort functions address financial-stability concerns while rate policy addresses price-stability needs. https://t.co/Au5nNF5oyp via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1637719532532817922 German 2y yields drop by 29bps to 2.1% as markets do not expect any more full #ECB rate hikes. https://t.co/k57F9kut2z via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1638332143918104577 End of QT? #ECB balance sheet rose in the past week by €2.5bn to €7,831.9bn as other claims on euro area credit institutions denominated in euro jumped. ECB's total assets now equal to 59% of Eurozone GDP vs Fed's 33% and BoJ's 133%. https://t.co/bRXth3SvxH via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1640871669949407232 #ECB Balance Sheet rose the 2nd week in a row as banks took more credit lines. Total assets now €7,835.92bn, equal to 59% of Eurozone GDP vs Fed's 33%, SNB's 1135 and BoJ's 131%. https://t.co/joa7tJ0Fo8 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1643689937789673489 Eurozone banks are also borrowing money from #ECB discount window, although the so-called Marginal Rate is at 3.75%, well above the Main Refi Rate of 3.5%. Banks raised €168mln from ECB discount window in the past week, €111mln more than the previous week. https://t.co/p2XVtryvlG via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1654027395437936640 Good Morning on #ECB day from #Germany where key interest rate should be at 10.3% & so 6.8 ppts higher than the current rate, acc to Taylor Rule w/German core inflation at 5.9% & unemployment way below NAIRU. ECB rates should be 7.2 ppts higher for the entire Eurozone & 8.2 ppts… https://t.co/4CUhrFEcKd https://t.co/lruFd4jlhI via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1654099458588647424 #ECB slows pace of interest rate hike to 25bps as expected. Hints at more still to come: Main refi rate now at 3.75%, Depo rate at 3.25%, highest in almost a decade. Rate decision to be based on #inflation outlook. Expects to stop App reinvestments as of July. https://t.co/0ynwLT35Lr via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1654109755458060290 #ECB's Lagarde: Mood in Governing Council was ‘determined.’ Policymakers were “very focused” and paid special attention to the latest incoming data such as the bank lending survey. https://t.co/nAEvB1ohXd via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1654111847102963713 #ECB's Lagarde: We are not pausing! We know we have more ground to cover! Markets price in two more 25bp rate increases. https://t.co/U58AWLgo7g via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1654120983014555651 #ECB's Lagarde: “We are not Fed-dependent.” https://t.co/BuJ7tOHeSm via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1656579081318678530 OOOPS! Consumer expectations for Eurozone #inflation rose „significantly” in March — bolstering case of #ECB officials who say rate hikes may need to persist beyond the summer. Inflation 3 years ahead seen at 2.9%, further above 2% goal. https://t.co/EZoJEGakEZ https://t.co/PnJGtC7NBt via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1658999919188017152 #ECB balance sheet has risen again last week as more bonds were bought than matured. Total assets rose by €11.6bn, most since Jan. ECB Balance sheet now at €7,728.6bn, equal to 59% of Eurozone's GDP vs Fed's 32%, SNB's 113% and BoJ's 130%. https://t.co/J9D90wCq7I via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1661043396155256833 #ECB balance sheet keeps rising for a 2nd week. Total assets rose by €1.6bn to €7,730.1bn, equal to 58% of Eurozone GDP vs Fed's 32%, SNB's 113% and BOJ's 130%. https://t.co/dIE5iAXhBW via @Schuldensuehner

📊 A test of fiscal dominance? German FinMin Christian Lindner’s publicly aired doubts about the legality of potential #ECB crisis aid for France are testing nerves in the region’s policymaking circles. https://t.co/MOQ758Ipy2 https://t.co/EKqQoo0pe6
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📊 Good Morning on #ECB day from #Germany where there's no need for further interest rate cuts. The Taylor Rule suggests the fair interest rate should be 5.75%, 150bps higher than the current rate of 4.25%. While the unemployment rate is close to the Non-Accelerating Inflation Rate… https://t.co/UEgkySJ0eZ https://t.co/d5ut4F9cGZ
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📊 #ECB leaves all rates unchg as expected. Main Refi at 4.25%, deposit rate at 3.75%. Guidance on interest rates also stays unchanged: Not pre-committing to particular path. ECB to follow data-dependent, meeting-by-meeting approach. https://t.co/jZJwRt5qQd
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📊 #ECB's Lagarde: What we do in September is wide open. Markets are much clearer in this respect. Market participants are pricing in a further interest rate cut with an 80% probability. https://t.co/DKhkXbnyWq
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📊 #ECB's Lagarde: Direction of wage growth in 2025 and 2026 is downward. German real wages grew 3.8% in Q1, the most since the reunification wage boom. https://t.co/6m95GGLqe6
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