The ECB will win the battle against inflation, according to its President Christine Lagarde, who once again suggests that interest rates have peaked. At a Bundesbank colloquium in Frankfurt, Lagarde warned that the fight against inflation was not over yet, but assured that the ECB would win the battle in the end. For his part, the “hawk” of the ECB Council, the Austrian Robert Holzmann, believes that there are the same options for raising interest rates as for lowering them.
As for macro data, we learned this Friday that the German economy contracted slightly in the third quarter, by 0.1%, while the IFO index of German business climate delivered a positive note, continuing its slight recovery in November and was 87.3. slightly below the 87.5 expected by analysts. We will interview José Angel Mañas, who will tell us about his latest novel “Berenguela”, which was written the day before the abdication of her son Fernando III El Santo Queen of Castile. Daughter of Alfonso VIII, winner of Las Navas de Tolosa and mother of the conqueror of Andalusia. This is how it went down in history, but in reality it was the Creator who brought about the final unification of Castile and León.
In Expansión y Ciclo, IMF Managing Director Kristalina Georgieva calls on Spain, France and Italy, whose debt and deficit levels have increased significantly, to “pull up now.” We will discuss current topics at the Market Closing Gathering with Pedro Fernández, businessman and lawyer, and Ignacio Ruiz Jarabo, former director of the tax authority.
