With little evidence of second-round inflation effects, the Governing Council is unlikely to feel compelled to deliver consecutive rate hikes. … READ MORE >
European Central Bank
Market Minute: Get ready for a consequential week
Next week’s economic releases and policy decisions will affect asset pricing and expectations for interest rates. … READ MORE >
Market Minute: Toward synchronized global rate hikes … almost
This week we get the Bank of England, Federal Reserve and Bank of Japan policy decisions that will lead to a further resetting of prices across asset classes. … READ MORE >
Market minute: ECB to raise rates in June
Our assessment implies that, given the current global supply shock, the ECB’s monetary policy is too accommodative. … READ MORE >
Market Minute: Persistent inflation across the G-7
While central banks have adhered to a policy maintaining inflation at a 2% target, only Canada and France have kept inflation below 2% over the past 12 months. … READ MORE >
Market Minute: Global central bank outlook
Divergence figures to be the primary theme in global central banking during the final six months of the year as policymakers around the world adjust to higher American tariffs. … READ MORE >
Global central bank outlook: Divergent paths on rates
Divergence figures to be the primary theme in global central banking during the final six months of the year as policymakers around the world adjust to higher American tariffs. … READ MORE >
As European economy deteriorates, ECB needs to be more aggressive
The European Central Bank is clearly going to need to get far more aggressive in its easing campaign as the continental economy slips back into pull of recession’s gravity. … READ MORE >
The case for rate cuts: Read our chief economist’s op-ed in Barron’s
The recent rate cuts by the Bank of Canada and the European Central Bank are just the beginning of a global shift to growth-oriented monetary policies, RSM’s chief economist Joe Brusuelas wrote in Barron’s in April. … READ MORE >
Global central bank policy pivot continues as ECB cuts rate
The rate cuts in Europe and Canada are likely to be followed by the Bank of England in August and the Fed this fall. … READ MORE >