…higher nominal GDP, but will likely increase German inflation as well; this will set the stage for tighter, rather than accommodative, ECB policy. Although Kantoos did acquiesce that the ECB…

…Governing Council is just itching to tighten. Eurointelligence blog highlights the various interpretations of the ECB’s shift in policy: Thomas Mayer at Deutsche Bank suggests that the ECB’s normalization is…

…noticing an interesting correlation between German-based inflation (supposedly not relevant, per se, to ECB policy), Eurozone HICP inflation (the ECB’s target rate of inflation), and the refi rate. (Note that…

…upside if the ECB feels they are taking care of the downside! The implication is that the ECB is ‘on hold’ for much longer than markets expect. Today, for example,…

…sector. This is why the ECB was keen to signal this interest rate as early as possible, to underline the transatlantic policy gap. We don’t think the ECB intends to…

…the ECB’s monetary policy is to maintain price stability. The ECB aims at inflation rates of below, but close to, 2% over the medium term. Today the ECB announced that…

by Rebecca Wilder crossposted with Newsneconomics G4 GDP, reaction ECB It’s complicated. The ECB is currently juggling two objectives: perpetually assuaging bond investors in the face of a shaky financial…

by Rebecca Wilder The ECB is Plugging Holes Today the ECB released its monthly data on monetary developments in the Euro area (EA), as measured by M3 and its components….

by Rebecca Wilder ECB Rates Policy is Clogged in Key Periphery Markets How the Euro area (EA) will grow, according to Mario Draghi: The outlook for economic activity should be…

…ECB hiked rates. Source data: ECB for current rate data, and an ECB structural issues report on EA housing for the variable rate shares. originally published at The Wilder View…Economonitors…