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ECB's Lagarde reluctant to call end to cutting cycle
Manage episode 513706685 series 2874694
ECB President Christine Lagarde refuses to call an end to the central bank’s interest rate cutting cycle despite hailing the resilience of euro zone economies. Lagarde tells our colleagues Stateside she is anticipating all risks. Dutch chip maker ALSM posts net bookings ahead of forecasts for Q3 and is expecting stable sales next year despite a major slowdown in Chinese demand. Luxury giant LVMH posts a 1 per cent increase in third quarter sales thanks to a rebound in the Chinese market. We speak to the CEO of Swiss watch maker Breitling, Georges Kern, who says an easing of political tensions would immediately boost luxury goods consumption.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1705 episodes
Manage episode 513706685 series 2874694
ECB President Christine Lagarde refuses to call an end to the central bank’s interest rate cutting cycle despite hailing the resilience of euro zone economies. Lagarde tells our colleagues Stateside she is anticipating all risks. Dutch chip maker ALSM posts net bookings ahead of forecasts for Q3 and is expecting stable sales next year despite a major slowdown in Chinese demand. Luxury giant LVMH posts a 1 per cent increase in third quarter sales thanks to a rebound in the Chinese market. We speak to the CEO of Swiss watch maker Breitling, Georges Kern, who says an easing of political tensions would immediately boost luxury goods consumption.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1705 episodes
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