Recent Blogs

FILTER POSTS

Category

Archive

ECB policy: Looking at the negatives

Last week’s ECB meeting was, to the extent that it offered nothing more concrete than a 25bp cut in the refinancing rate, a disappointment. But markets were mollified by Draghi’s hint in his press conference of further rate...

Categories : 

ECB: Filling the BoJ's old boots?

The fallout from the financial crisis has changed monetary policy beyond recognition, with central banks finding themselves doing things that were previously taboo...

Categories : 

ECB: Reloading the conventional measures

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...

Categories : 

ECB: More than a rate cut?

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...

Categories : 

Germany’s new anti-euro party: The saviour of the single currency?

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...

Categories :