The European central bank raised interest rates again today. The repo rate now stands at 2.0% and the deposit rate at 1.50%, levels not seen since pre the financial crisis in 2008. Inflation is still very high in the Euro […]
Author: Firma Aegon Asset Management
ECB rates: attention turns to question of ‘sooner rather than later’
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“Today the ECB’s governing council held a meeting to discuss monetary policy and released the latest staff forecasts for the Eurozone economy. Unsurprisingly, the forecasts for inflation in the Eurozone were revised up substantially and the forecasts for GDP growth […]
Ukrainian conflict could make ECB rethink timing of rate rise
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Colin Finlayson, co-manager of Aegon Asset Management Strategic Bond portfolios comments ahead of the ECB monetary policy decision today: “Bond markets started this year focused on inflation and what that was going to mean for central banks. But that narrative […]
Surprisingly high inflation increases pressure on ECB for hawkish turnaround
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“Inflation in the Eurozone for the 12 months to January 2022 was released this morning and as has become usual it surprised to the upside. The consensus Bloomberg forecast was for the headline inflation rate to fall from December’s high to […]