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...
Tag: Christine Lagarde
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...
A shift in the Central Banks’ position?
It was a week of meetings for the ECB and the FED, and the mood was for a change in both cases. The European Central...
BCE: The End Of The Rate Hike?
The European Central Bank has gone ahead with a planned half-point rate hike but has stayed silent on what could follow amidst market turbulence that...
A hawkish and arrogant ECB is frightening the European economy
Every increase in borrowing costs, including Thursday’s half-point move, advances Frankfurt officials’ fight against runaway inflation but also risks having a heavier economic impact. The...