Resolute 75bps rate hike gives ECB some breathing room
Move was widely anticipated but industry commentators are split on how big it goes next time
ECB
-
-
‘Shock and awe’ move sees ECB hike rates by unprecedented 75bps
As hawkish central bankers prioritise tackling inflation over protecting growth
-
ECB rate rise sidestep fails to dampen UK market expectations
Even as the energy price shock to the global economy raises spectre of a slowdown or recession
-
ECB ‘falling behind the curve’ as it leaves rates and QE untouched
BoE and Federal Reserve have both begun process of tightening as inflation runs rampant
-
ECB slows pandemic emergency bond-buying scheme but don’t call it tapering
‘The decision to reduce asset purchases is not tapering, but a reversal of March’s emergency uplift in purchases’
-
Weekly outlook: ECB could extend €1.4trn recovery fund; UK retail sales data; Ashtead and Marston’s report
The key events for UK wealth managers for the week starting 7 December
-
Does ECB reluctance to lower rates put a floor on bond yields?
Central bank shows unwillingness to cut but deflation could force its hand
-
DFMs hope Europe gets Christine Lagarde-inspired fiscal boost
‘Europe will not be the athlete it could be unless fiscal policy unites with monetary policy’
-
Weekly outlook: ECB and BoJ rate decisions and Netflix Q4 earnings
The key events for UK wealth managers for the week starting 20 January
-
Weekly outlook: General election; SMCR lands and Fed rate decision
The key events for UK wealth managers for the week starting 9 December
-
‘History will be kind’: Five views on Mario Draghi’s legacy
The ECB’s first southern European president is handing the baton to Christine Lagarde
-
Weekly outlook: Draghi’s last ECB meeting; UK banks report; PMI data
The key events for UK wealth managers for the week starting 21 October