ECB holds rates as anticipation of cuts rises
Hannah Williford canvasses industry opinion on decision – and implications for June meeting
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Hannah Williford canvasses industry opinion on decision – and implications for June meeting
The latest inflation numbers have prompted debate on the prospects of a June rate cut, reports Hannah Williford
Hannah Williford reports on the ECB’s decision to keep rates unchanged – and when cuts may begin
Are there longer-term risks to the seemingly benign inflation picture? If 2024 is to be the ‘year of the bond’, inflation has to fall. The assumptions around inflation have had a wobble since the start of the year, as the US CPI reading for December came in ahead of expectations, and economic growth continues to…
The European Central Bank opted to keep interest rates unchanged in an expected decision on Thursday. The rates will remain at 4.5% for main refinancing operations, 4.75% for the marginal lending facility and 4% for the deposit facility, where they have sat since September. In the monetary policy statement, the European Central Bank reiterated its…
Europe has to “push” the green transition forward if it wants to remain competitive on the global stage, the European Central Bank (ECB) has warned. The assertion was made in the first in a series of articles from Fatih Birol, executive director of the International Energy Agency, Werner Hoyer, president of the European Investment Bank,…
The European Central Bank (ECB) has decided to hold interest rates at 4%, ending a run of 10 consecutive rate hikes, writes Hannah Williford. The decision comes in the wake of struggling labour markets in Europe, along with mediocre results for household and corporate lending data. The ECB hinted when it last convened in September that…
Would a rate hike pause from the ECB be enough to improve the performance of European stockmarkets? Cherry Reynard has a closer look The European Central Bank appears odds-on to leave interest rates on hold at its October meeting, in spite of rising energy prices. Weakening labour markets, more difficult PMI data and lacklustre household…
Eurozone interest rates could remain at restrictive levels for “quite some time” – by Lauren Hardy The European Central Bank’s decision to hike rates for the 10th consecutive time today (14 September) could tip the EU “further into recessionary territory”, according to some investment professionals, who warn the bloc’s financial squeeze could intensify in Q4 2023…
Europe needs a better and more complete capital market set-up, according to the European Central Bank (ECB). In its analysis ‘Europe needs to think bigger to build its capital markets union’, the bank says the key is the creation of an “integrated European capital market”. Fabio Panetta, a member of the ECB’s executive board, argues…
Investors focused on what course the ECB will take after its September meeting
The European Central Bank (ECB) has raised its three key interest rates by 25 basis points each as it works to bring inflation under control. Announcing the move, which follows rises of the same amount in March, May and June this year, the ECB said: “While some measures show signs of easing, underlying inflation remains…