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...
Tag: Christine Lagarde
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....
The ECB’s Latest Experiment in Monetary Alchemy
The European Central Bank has once again cut borrowing costs—for the fifth time since June—citing stagnant economic growth and inflation inching tantalisingly close to its...
Who understands the ECB?
The European Central Bank (ECB) has once again trimmed interest rates—its third cut in as many meetings—while giving markets a fresh dose of ambiguity. With...
The ECB’s Unclear Stance Is Becoming an Issue
As Eurozone inflation edges above the European Central Bank’s (ECB) sacred 2% target, one might expect a resolute response. Instead, the ECB appears caught in...