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...
Tag: ecb
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...
The ECB Under Market Pressure
Inflation in the eurozone accelerated in December, highlighting the challenge of reaching the 2% target set by the European Central Bank as governments withdraw support...
Is a downgrade of Italian debt possible?
This week, a possible downgrade of Italy would sound like a bad omen for the Eurozone. Moody’s believes that the country presents a “substantial credit...
The ECB takes a break
The European Central Bank has left interest rates unchanged for the first time in over a year after raising the deposit rate to a record...
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...
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...