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
ECB
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 […]












