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Chronology
ECB’s rate path hinges on how far inflation spreads, Lane says
Reduced historical snapshot. The full archived contents could not be verified.
ECB’s rate path hinges on how far inflation spreads, Lane says
Reduced historical snapshot. The full archived contents could not be verified.
Reporting
Analysis
- ECB’s Lane says the bar for directional rate guidance is high
Comments from the ECB’s Lane on inflation and policy guidance crossed the wires. We put a very high premium on consensus, would be difficult with dots. I would put high bar on directional forward guidance now. Important that ECB has an instrument for multiple equilibriums on bond market. Informative that underlying inflation hasn’t moved yet, it means it’s the usual delayed response. Underlying inflation is a guide to 1-year-ahead inflation. Energy prices already reversing, if that continues you can see headline inflation falling and underlying inflation rising. People should be looking out for whether inflation is coming in stronger or weaker than projections. Analysis Lane is keeping his options open on rates. The barometer for traders is how inflation comes in relative to the ECB’s projections, especially if headline and underlying inflation start moving in opposite directions. Lower
Earlier on MacroDigest
- ECB’s Lagarde Says Inflation Likely to Stay High in Near Future
- ECB’s Lagarde says data will tell if December rate hike needed
- ECB’s Lagarde says data will tell if December rate hike needed
- October inflation in the Eurozone keeps ECB on course for another tightening
- Euro-Zone Wage Growth to Slow Sharply Next Year in Boost for ECB
- Euro zone wage growth to rebound slightly next year, ECB says
- ECB holds rates as Lagarde announces early departure
- ECB policymakers bring rate hike debate into the open
- VIEW ECB keeps rates unchanged; euro and bond yields fall
- ECB holds rates as Lagarde announces early departure
- ECB holds rates as Lagarde announces early departure
- VIEW ECB keeps rates unchanged; euro and bond yields fall
- VIEW ECB keeps rates unchanged; euro and bond yields fall
- ECB keeps rates unchanged; euro and bond yields fall
- ECB President Lagarde resigns effective Feb 7
- ECB President Lagarde resigns effective Feb 7
- Christine Lagarde to Step Down as President of European Central Bank
- Italy's UniCredit wins ECB approval to control Germany's Commerzbank
- ECB clears UniCredit to take control of Commerzbank, advancing cross-border bank consolidation
- AI limiting European workers' bargaining power, ECB's Lane says
- ECB’s Lane says AI investment is tightening financing conditions and may curb wage power
- ECB Has Tools to Counter Unwarranted Market Moves, Lagarde Says
- Lagarde says the ECB can counter unwarranted market moves, reinforcing its stabilization backstop
- French central bank chief says ECB intervention not needed to ease bond rout
- ECB digital euro plan is framed as a competitive tool for European banks
- ECB digital euro plan is framed as a competitive tool for European banks
- ECB digital euro plan is presented as a competitive tool for European banks
- Merz Will Meet Frontrunners for Lagarde Job as ECB Race Heats Up
- ECB’s Rehn says soaring yields may curb inflation impact of expensive energy
- Higher Eurozone inflation adds pressure on ECB to tighten again
- Inflation jumps across euro zone, raising pressure on ECB to hike
- Inflation jumps across euro zone, raising pressure on ECB to hike
- Measured ECB hikes to quell inflation remain appropriate, Lagarde says
- ECB’s Lagarde Says Higher Yields to Slow Growth and Inflation
- ECB warns prolonged Middle East energy shock could sustain inflation pressures
- ECB’s Vujcic Says Energy Prices Will Stay ‘Higher for Longer’
- Europe Economy More Robust Than Anticipated, ECB’s Kocher Says
- Kocher says Europe’s resilience leaves room for ECB tightening if inflation persists
- ECB’s Lane Says New Energy Shock to Lead to Longer Inflation
- ECB’s Lane Says New Energy Shock to Lead to Longer Inflation
- ECB to invest part of own funds in tokenised securities, with settlement via Pontes
- Traders Are at Odds With ECB and BOE on How Far Rates Will Rise
- Traders Are at Odds With ECB and BOE on How Far Rates Will Rise
- ECB hikes rates as Iran war adds to inflation angst
- ECB policymakers open door to more rate hikes on energy risk
- ECB hikes rates as Iran war adds to inflation angst
- ECB hikes rates as Iran war adds to inflation angst
- Live: ECB hikes interest rates as $100 oil revives inflation fears
- Live: ECB hikes interest rates as $100 oil revives inflation fears
- ECB expected to raise rates to fight inflation shock
- ECB expected to raise rates to fight inflation shock
- ECB to Hike Interest Rates Again as Iran War Fans Inflation
- ECB to Hike Interest Rates Again as Iran War Fans Inflation
- ECB to Hike Interest Rates Again as Iran War Fans Inflation
- An ECB rate hike is ‘all but certain’ — but investors divided on what comes next
- A European Central Bank rate hike is all but certain, the reasoning less so
- A European Central Bank rate hike is all but certain, the reasoning less so
- Another rate hike, just for insurance: Five questions for the ECB
- ECB rate hike looms as energy shock pushes inflation to 3.3%
- ECB rate hike looms as energy shock pushes inflation to 3.3%
- ECB rate hike looms as energy shock pushes inflation to 3.3%
- ECB sources point to a September rate hike but limited guidance on further tightening
- ECB signals further tightening remains possible if inflation outlook fails to improve
- Interest rates must rise further on inflation risks, ECB's Schnabel tells Bloomberg
- ECB’s Schnabel Says Rates Must Rise More on Resilient Economy
- Schnabel says persistent inflation and resilience require further ECB rate increases
- ECB's Cipollone sees stagflation risk from Hormuz crisis as remote
- ECB’s Cipollone sees limited stagflation risk from a Strait of Hormuz crisis
- 'Worrisome': AI is driving a looming market correction, European central bank economists warn
- Euro-Zone Spending Cuts Driven by Iran Uncertainty Not Inflation, ECB Finds