The European Central Bank (ECB) is widely expected to keep interest rates unchanged at today’s monetary policy meeting, with markets closely watching the central bank’s assessment of inflation, economic growth and its future policy direction. Attention will particularly be on any
ECB
Following the ECB monetary policy announcement, our spokesperson, Hamza Dweik, Head of Trading (MENA), Saxo Bank, has shared his insights.  The ECB’s decision to leave interest rates unchanged was widely expected by markets, but the message from Frankfurt was more important than the decision itself. The Governing Council kept the deposit facility rate at 2.25%, the
The European Central Bank is widely expected to leave interest rates unchanged today. It raised rates last month for the first time since 2023. Today’s meeting also comes without a new set of staff economic forecasts. So raising rates again without any new information would be difficult to justify, especially after policymakers presented June’s decision […]
The European Central Bank recently adjusted its monetary policy in response to escalating global tensions and the resulting impact on energy costs. Previously, officials had hoped that diplomatic negotiations abroad would stabilize fuel markets, allowing them to maintain their previous approach. However, with the ongoing conflict continuing to elevate expenses for both
The European Central Bank raised interest rates for the first time after three years. The deposit rate was lifted to 2.25% from 2%. The hike is the first policy response by a major central bank to the spike in oil prices triggered by the conflict in the Middle East. However, the President, Christine Lagarde, struck […]
Following the relatively data-insensitive June rate cut, European Central Bank (ECB) speakers have stood firm on the message of data-dependency. Next week’s ECB meeting likely to take stock of the available data and compare it to the latest forecast. Possible rate cut in September Following the relatively data-insensitive June rate cut, ECB speakers have stood […]













