Tag
#eurozone
Economy
The ECB held rates in April. A June hike now looks like the baseline.
Eurozone inflation jumped to 3.0 percent in April, driven by an Iran-conflict energy shock, and ECB policymakers are signaling the first rate hike since the easing cycle is coming in June.
By Helena Brandt
Economy
ECB's Nagel: Two More Rate Hikes Are the Baseline
Bundesbank President Joachim Nagel said the ECB's baseline scenario now includes two additional rate increases this year as the Iran war fuels inflation, hardening the case for a June move.
By Helena Brandt
Economy
ECB heads into June split as Villeroy pushes back on Frankfurt hawks
Banque de France governor François Villeroy de Galhau told an audience in Paris that the next ECB move should track the data, not the calendar, in a public pushback at Bundesbank president Joachim Nagel and Austria's Martin Kocher, who had effectively lined the Council up for a 25 basis point hike on 5 June.
By Helena Brandt
