2 weeks Ago
The European Central Bank (ECB) is expected to cut interest rates by a quarter of one percent on Thursday, at a meeting of its 26-person governing council. If it does, this would be the seventh reduction since last June. There have been many different predictions as to what president Christine Lagarde and the other governors would do, but the emerging consensus now is that they will agree on another interest-rate cut.
In March, the annual inflation rate in the euro area was 2.2pc, a decrease from 2.3pc in February, according to the most recent flash data from the statistics agency Eurostat.
With inflation largely tamed, the ECB governing council may be more concerned about stimulating economic growth, especially given the tariffs imposed by US president Donald Trump. There’ll be no getting away from them this week either. Today, the EU trade commissioner Maros Sefcovic will be in Washington to meet his American counterparts for talks about the trade war.
On Tuesday, the Central Statistics Office will have new data on Ireland’s trade balance, with figures on exports. Eurostat will have data on industrial production in Europe for February. On Wednesday, Trinity Business School will host a business summit, bringing together sportspeople and business experts to share insights on how to harness sport for organisational success.
“At a time when diversity and inclusion are being challenged, sport stands as a powerful unifier,” said Laurent Muzellec, dean of Trinity Business School. Ibec, the business and employers’ lobby group, is hosting a two-day ‘neuro leadership’ programme, which aims to train business leaders in how to use insights from neuroscience in the running of their organisations. It will discuss how leaders think, run teams, and manage each other.
On Tuesday, PAT Business School and TU Dublin are organising a fintech gathering, to be attended by industry leaders, innovators, and professionals. The themes of panel discussions at the event will include using technology to combat financial crime, the impact of AI on financial services, and the evolution of crypto..
