Market expectations and the debate over whether the European Central Bank will first cut rates at its March 6, April 11, or June 6 meeting have been deliberately and methodically

Financial markets repriced odds for a 25-basis points rate cut at the European Central Bank’s April 11 meeting to near certainty after ECB President Christine Lagarde refused to explicitly rule

On January 10, we wrote that market pricing for the timing of ECB rate cuts, even though off its highs, was still too aggressive. We said that there would be

Over the last few weeks, the eurozone’s four largest economies unveiled issuance plans that add up to €1.25 trillion ($1.36 trillion) in sovereign debt this year. Despite these still elevated, even if

European Central Bank Vice President Luis de Guindos today acknowledged that inflation has been falling more rapidly than in their latest forecast, and that the eurozone may have entered a

Note: We are pleased to announce that Victor Mendez-Barreira, formerly at the publication Central Banking, has joined SGH as ECB analyst to support CEO Sassan Ghahramani’s coverage of the central bank.

In our last few reports, we wrote that the ECB would at this meeting reposition itself closer to markets – significantly closer than the outdated “legacy” signaling from the September

In an interview with a major international news service today European Central Bank Executive Board Member Isabel Schnabel repositioned her outlook, acknowledging not just the steeper than expected drop in

The European Central Bank had been long expecting a steep drop in inflation in October and November, especially on the back of the base effect of high energy prices last

After a furious campaign of 450 basis points of rate hikes, the Governing Council of the European Central Bank took in essence a well-deserved breather at their two-day policy meeting

The political, market, and geopolitical news cycles have entered a new phase of enormous risk and volatility. But from a policy perspective, the upcoming meeting of the Governing Council of

ECB officials can be nothing but pleased that the September Eurozone preliminary CPI release on Friday came in significantly below the August numbers, finally and decisively breaking below the 5%

On Tuesday morning of this week, we flipped our expectations for today’s meeting of the Governing Council of the European Central Bank from a pause to calling — unequivocally —

Markets are still favoring a pause and are pricing a European Central Bank rate hike this week at less than even odds. But we are switching our expectations for the

Last Wednesday, on the heels of awful eurozone service sector PMI figures, we switched our call for the European Central Bank’s September 14 decision from a 25-basis point rate hike

European bond markets rallied this morning after the release of August PMI numbers that showed a deeper than expected slowdown in Eurozone services sector activity, even as the beaten down

The European Central Bank raised interest rates by 25 basis points today as expected, bringing its benchmark deposit rate to 3.75%. ECB President Christine Lagarde also made clear, both in

This morning, president of the Dutch national bank and European Central Bank Governing Council member Klaas Knot put a light under European and global government bond markets with comments that

The European Central Bank has continued in its steady march higher on interest rates, taking its benchmark deposit rate from 3.25% to 3.50% at its last monetary policy meeting on

The European Central Bank delivered today policy actions that were widely telegraphed and expected by markets, and by us – a 25 basis point rate hike to 3.5% and an