Eurozone Inflation Climbs, Fueling ECB’s Slow Dance on Rate Cuts
Eurozone inflation has defied expectations again, giving the European Central Bank (ECB) yet another reason to drag its feet on interest rate cuts. According to...
Tag: ecb
The ECB’s Ever-Changing Tune: Following the Unpredictable Path to Rate Cuts
The European Central Bank (ECB) has once again cut interest rates—this is the third time in 2024—seizing the opportunity created by a faster-than-expected drop in...
Fed’s Rate Cut Dilemma: Too Little, Too Late, or Just Right?
The European Central Bank is poised to cut interest rates again this Thursday, setting the stage for the Federal Reserve to follow suit next week...
Jackson Hole meeting: to a cut of interest rate on September
Officials from three of the world’s leading central banks announced on Friday that they are firmly on track to lower—or continue lowering—interest rates in the...
Central Bank Chaos: Divergence, Uncertainty, and the Global Economic Rollercoaster
Central bankers and policymakers are gathering for one of the world’s most significant economic forums this week. They are expected to be more divided than...
The persistent American inflation postpones rate cuts
The United States has experienced a higher-than-expected inflation rate for the third consecutive month, primarily driven by increased rents and transportation costs. The core consumer...
Monetary policy divergences: towards a significant asset allocation shift
The European Central Bank insists that it will independently decide on the course of its monetary policy compared to the Fed. In this case, this...
Probabilities of a rate cut in June drop
Last week, the amount of Fed rate cuts priced into swap contracts for this year fell to less than 65 basis points, below the Fed’s...
The ECB needs to set a course
Last week, several ECB members were responsible for pushing back expectations regarding the speed at which borrowing costs would decrease. The message got through, and...