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18.02.26 - 12:18
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Lagarde Reported to Leave ECB Before Term End, UK CPI Falls | The Opening Trade 2/18/2026 (Bloomberg)
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European Central Bank President Christine Lagarde is expected to step down from her role before her eight-year term ends in October 2027, the Financial Times reported. Lagarde wants to leave before the French presidential election in April next year, which would allow French President Emmanuel Macron and German Chancellor Friedrich Merz to find her replacement together, the report said, citing an unidentified person familiar with her thoughts on the matter. It isn't clear yet when she may exit.
UK inflation dropped to its lowest level since March 2025, bolstering the case for an interest rate cut when the Bank of England meets next month. Consumer prices rose 3% in January from a year earlier, down from 3.4% the previous month when volatile components temporarily boosted inflation, the Office for National Statistics said Wednesday. It was in line with economists' expectations, and slightly above the 2.9% forecast by the BOE. (Source: Bloomberg)...
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18.02.26 - 10:30
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European Shares Rise With Inflation Data In Focus (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks traded higher on Wednesday as geopolitical tensions eased, and investors reacted to reports of a leadership change at the European Central Bank......
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