As expected, the ECB today cut its main refinancing rate by 25bps to a new record low of 0.5%. It also lowered the interest rate on its marginal lending facility by 50bps to 1.0%, narrowing the interest rate corridor...
The ECB is widely expected to cut its main refinancing rate tomorrow by 25bps to a new record low of 0.5%. Amid continued economic weakness in large parts of the euro area, along with a softer-than-expected global backdrop and a marked fall in energy prices...
Seismic shifts continue to reverberate through Europe’s political landscape. After the landmark victory of Grillo’s Five Star Movement (M5S) at Italy’s general election in February, winning a quarter of the votes...
Tomorrow brings monetary policy announcements from several major central banks. And in marked contrast to those at the ECB and BoE, which look set to deliver nothing new, the Bank of Japan’s meeting will be momentous...
The Cypriot bailout is likely to mark a new turning point in the euro area’s debt crisis. Akin to the declaration of Deauville in October 2010, when German Chancellor Merkel and then French President Sarkozy first threatened private creditors...
For up to date News, Research, documents and blog posts, sign up to our email alerts