"Aside from an energy-related upward base effect on headline inflation, the declining trend in underlying inflation has continued, and the past interest rate increases keep being transmitted forcefully into financing conditions." The ECB confirmed that almost all measures of underlying inflation declined...
Our base case is that the main policy rate will be reduced on a quarterly basis until reaching 2-2.25% by the end of 2025. However, the persistent weakness in domestic demand and looming risks to growth—such as the potential for a trade conflict following the US election—could open the...
At its April meeting, the ECB decided to keep the eurozone base interest rate at a flat 0.00 percent, with the marginal lending and deposit rates remaining at 0.25 percent and minus 0.40 percent, respectively.
The ECB has cut the deposit facility rate by 0.25% to 3.50%, as expected. In this Macro Flash Note, Senior Economist GianLuigi Mandruzzato looks at what the central bank has signalled about the future path of interest rates.
ECB policymakers will base their interest rate decisions on the "assessment of the inflation outlook in light of the incoming economic and financial data, the dynamics of underlying inflation and the strength of monetary policy transmission", the bank added. "The Governing Council is not pre-commit...
AUD2.14%-1.89%-0.43%0.95%1.21%-0.40%0.72% NZD2.45%-1.48%-0.03%1.27%1.68%0.40%1.12% CHF1.36%-2.61%-1.15%0.21%0.58%-0.72%-1.12% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency ...
The ECB was the first major western central bank to start cutting interest rates last year, lowering its key interest rate from a record high of 4% to 3% over the course of 2024. Investors and analysts currently expect the ECB to cut rates by 100 basis points (or one percentage poi...
The ECB’s projections themselves embed market bets on rate cuts, so if inflation is still seen at 2 per cent by the end of the year, then two more rate cuts will remain the ECB’s base case. Also suggesting that easing has room to run, the ECB’s models show...
"I also hope that tariffs will not come as substantial as they were discussed, because the tie between Mexico and the U.S. is very important, Mexico is a good manufacturing base, also a good market with a population," Hartung told Silvia Amaro on "Street Signs Europe." ...
The article reports that the European Central Bank was able to keep its benchmark rate steady on April 7, 2008 in an effort to suppress inflation, even as the credit crunch threatens growth. The Bank of England was also able to cut its interest base rate by a quarter of a percentage ...