The Euro faces downward pressure as the European Central Bank (ECB) prepares for its monetary policy decision on Thursday. The ECB is widely anticipated to reduce its Main Refinancing Operations Rate by 25 basis points. Officials have signaled the potential for further reductions in response...
As expected, on 17 October the ECB cut the deposit facility rate by 0.25% to 3.25%, the first back-to-back rate cut since 2011. In this Macro Flash Note, Senior Economist GianLuigi Mandruzzato looks at the reasons behind this decision and what it means f
How to trade the ECB interest-rate decision The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde. Prior to the ...
"safe bonds". the ecb may face criticism for breaking its inflation mandate for political reasons. softening long-term inflation expectations have taken some pressure off the ecb in the near term. having injected a monetary insurance policy into the financial system in anticipation of the expected ...
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.
Wednesday’s calendar kicks off with New Zealand CPI, before a host of European Flash PMIs preview the latest strength of regional economies. The Bank of Canada rate decision will also highlight. FX Option Expiries OPTIONS: Expiries for Jan24 NY cut 1000ET (Source DTCC) ...
A calendar of U.S. congresses related to science from April to July 1967 is presented, including the first annual Missouri Conference on Trace Substances and Environmental Health, Society for Developmental Biology's symposium on control mechanisms in developmental processes and the seventh annual meetin...
Financial accounting (财务会计): provides information for people outside the company, such as investors and creditors Managerial accounting (管理会计) : focuses on information for internal decision makers, such as mangers of the company Financial Accounting As financial accounting information relates to ...
Financial accounting (财务会计): provides information for people outside the company, such as investors and creditors Managerial accounting (管理会计) : focuses on information for internal decision makers, such as mangers of the company Financial Accounting As financial accounting information relates to ...
This scenario requires neither steep interest rate increases nor a restrictive monetary policy for a prolonged period as anticipated by Lagarde. Rather, markets believe that this better-than-expected inflation scenario will lead the ECB to adopt a less restrictive policy stance than has been announced...