Euro talking points:This morning brought the October ECB rate decision and press conference with the European Central Bank hiking rates by 75 basis points.The press conference brought bearish outlay from Christine Lagarde and...
Eurozone PMI Key Points:Eurozone S&P Global Manufacturing PMI Flash (OCT) 46.6 vs September 48.4. 29-month low.Eurozone S&P Global Services PMI Flash (OCT) 48.2 vs September 48.8. 20-month low.Business Activity Down for Four Consecutive...
There are undoubtedly many economists at the Bundesbank fuming about where inflation is and where the ECB's main refi rate is.German GDP seen netween 1.3%-1.5% in 2022GDP seen flat In 2023Expects 2023 German...
Rates must keep rising though long-term inflation expectations remain anchoredApproach to policy tightening will be defined meeting by meeting based on dataEurozone mid-term economic prospects important to establish more appropriate final level, proceeding...
ECB has sent a forceful signal with 75 bps rate hikeInflation uncertainty is too big in order to give a forward guidanceIn other words, he's just laying on the aggressive tone that was...
