In the run up to the June 5 quarterly forecast round meeting of the Governing Council of the European Central Bank, a few of the more hawkish ECB officials have

With markets aggressively re-evaluating both US and global interest rate trajectories, we have fielded numerous client queries over the last few days about our expectation for rate cuts from the

Last Thursday’s meeting of the European Central Bank was a clear wake-up call for many Governing Council members who had been looking for a glide path to land rates at

In the face of mounting risks to the eurozone’s economic outlook, the European Central Bank (ECB) delivered a widely anticipated 25bps rate cut today, taking the deposit rate to 2.25%. 

With markets pricing a roughly 90% probability of a 25bps rate cut on April 17, the European Central Bank (ECB) would risk adding unnecessary volatility to the market by skipping

In the aftermath of the announcement last night by US President Donald Trump of reciprocal tariffs including a 20% levy on the European Union, and the affirmation of 25% tariffs

We are back in the US after three weeks of travel and meetings in Frankfurt and London and would like to thank our friends and clients for their time and

From European Central Bank President Christine Lagarde on through to the rest of the ECB Governing Council, a consistent and overall message has been one of unusual uncertainty for policymaking given two

A cut at the European Central Bank’s next meeting in April to follow the 25bps cut in its benchmark deposit ratetoday to 2.5% is clearly a decision that is very much up in the air. But although today’s press

European rates markets, under a bit of pressure already over the prospect for potentially higher defense spending, came under further pressure yesterday after the release of a hawkish interview with

Please excuse brevity and bullet format as we are on the road. Following up on yesterday’s report “ECB: Tariff Threats and Rates Below 2%,” in light of some significant points

The last 24 hours have delivered a whirlwind of US President Donald Trump delivering on tariff threats, as we have warned he would many times, concessions from Mexico and Canada

Today’s Q4 2024 GDP data release reinforced the weak momentum and somewhat bleak outlook for growth in three of the “big four” euro area economies — Germany, France, and Italy

The European Central Bank will cut 25bp, from 3% to 2.75% on its benchmark deposit facility rate, when the Governing Council convenes this week in Frankfurt. While preserving the flexibility

Markets have taken almost a full rate cut out of the euro rate curve over the past month, and almost two rate cuts since the peak dovish pricing of early

European Central Bank President Christine Lagarde made clear in her latest speech on December 16 that the central bank will continue to cut rates over the coming meetings. Lagarde acknowledged

Going into the two-day meeting of the Governing Council of the European Central Bank concluded today, ECB officials had pretty much squelched our call and other earlier calls for a

In calling for a 50bps cut at the European Central Bank’s December 12 meeting we, and markets, have twice knowingly run well ahead of the more cautious preference stated by

As expected, eurozone headline inflation rose in November, increasing from 2% in October to 2.3%. This was mainly due to energy base effects the European Central Bank has long incorporated

While careful to keep her options open, European Central Bank Executive Board Member Isabel Schnabel presented in an interview published today an unmitigatedly hawkish interpretation of the economic data, outlook,