ECB, Waiting in the Smoke
The European Central Bank is edging towards caution rather than conviction. For now, the instinct in Frankfurt is to leave rates unchanged later this month...
Tag: Christine Lagarde
The ECB’s Next Move May Be a Rate Hike
The European Central Bank has not raised rates. Not yet. But the fact that such a possibility is now openly circulating inside Frankfurt tells its...
ECB: When the Guardian Wavers
Central banks are built on two pillars: credibility and continuity. Remove either, and the structure trembles. Inside the European Central Bank, tremors are now perceptible....
The ECB’s 2% Illusion
Consumer prices rose 2.2% in November compared with a year earlier, up from 2.1% in October and slightly above the median forecast of economists surveyed...
ECB Holds Its Nerve as Inflation Nears Target and the Economy Refuses to Die
The European Central Bank left interest rates unchanged for a third consecutive meeting, with inflation conveniently hovering around 2 per cent and the eurozone economy...
The Euro Rallie and the ECB Quietly Panics
European Central Bank officials are beginning—reluctantly—to voice concern that the euro’s rapid appreciation may well derail their carefully choreographed attempt to anchor inflation at that...
ECB’s Schnabel: Talk of Transatlantic Monetary Divergence? Don’t Get Too Excited
Those hoping for a lasting split between the monetary paths of the Federal Reserve and the European Central Bank may want to curb their enthusiasm....
Moody’s Pulls the Rug, Markets Trip Over US Debt
Investors were treated to yet another delightful Monday morning punch in the face. US assets came under renewed pressure — this time not from tariffs,...
The ECB’s Seventh Cut: A Masterclass in Tiptoeing Toward Trouble
In what is starting to resemble monetary déjà vu, the European Central Bank has just cut interest rates for the seventh time since last June....