The ECB raises its rates and announces the end of the cycle
The rate for the main refinancing operations is thus increased from 4.25% to 4.5%, and the deposit rate is raised to 4%, up from the...
Category: Monetary policy
The ECB: “Should I stay or should I go”
Inflation in France accelerated in August, bolstering evidence of persistent pressures in the region. Consumer prices in the second largest economy of the Eurozone increased...
The ECB Lost in Translation
While Christine Lagarde acknowledged last week that inflation remains undefeated, she did not address the prospects for the meeting on September 14, thus allowing her...
What next for the ECB
The worsening economic slowdown in the eurozone is fueling bets on a September pause by the ECB The contraction of private sector activity in the...
The Fed continues to do the job
The Federal Reserve raised interest rates by 25 bps to the highest level since 2001. The unanimous decision by the FOMC raised the target range...
The Fed or the False Suspense
During its latest committee meeting, the FOMC suspended its interest rate hikes after ten consecutive moves over 15 months. At the same time, policymakers projected...
Interest Rates: A New Paradigm
7 July 2023 The two-year Treasury yield exceeded 5% last March, reaching a level not seen since June 2007, before the global financial crisis. In...
The ECB follows in the footsteps of the Fed
The euro gained over 1%, and government bonds collapsed following the ECB’s interest rate hike and the message that the trend would continue. On Wednesday,...
How to read the FED decision?
As expected, the FOMC announced on Wednesday that it would keep interest rates unchanged, a first since the beginning of 2022. However, the updated projections...