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
The European Central Bank will hike rates by 25 basis points when the Governing Council convenes for its monetary policy meeting this Thursday, June 15, taking its benchmark deposit rate
After decelerating at their last Governing Council meeting on May 4 from a 50-basis point pace to a 25-basis point rate hike, taking the benchmark deposit rate to 3.25%, European
The European Commission asked all European Union governments on Wednesday to end, this year, all subsidies for energy prices that were introduced last year to deal with price spikes after
The European Central Bank today hiked its policy interest rates by 25 basis points, raising its benchmark deposit rate from 3.0% to 3.25%. The ECB also decided today to announce,
Over the last two weeks, a number of European Central Bank officials came out in rapid succession with a message that the Governing Council will decide between a 25 and
At the March 16 meeting of the Governing Council of the European Central Bank, in the heat of the Silicon Valley/Credit Suisse bank crisis, the ECB decided to forge ahead
We suspect that no one has ever drawn a direct line between Federal Reserve Bank of St. Louis President James Bullard, a notable hawk through the course of this inflation