The hotter-than-expected May inflation reading of 5% could shake markets from their recent spring torpor, but stocks remain rangebound and bond markets calm following the CPI data release at 8:30 am Eastern time.
ECB piles on stimulus even with most upbeat risk view since 2018 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
DJ MORNING BRIEFING - Deutschland/Europa Der Markt-Überblick am Morgen, zusammengestellt von Dow Jones Newswires. +++++ TAGESTHEMA +++++ Der Rat der Europäischen Zentralbank (EZB) dürfte
EZB-Ratssitzung zur Krisenbewältigung: Politik der ruhigen Hand berliner-zeitung.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from berliner-zeitung.de Daily Mail and Mail on Sunday newspapers.
A PEPP talk like no other: Important decisions for the European Central Bank to make
Will interest rates rise – and at what pace?
Jeremy Batstone-Carr
Share
Jeremy Batstone-Carr of Raymond James
The European Central Bank (ECB) governing council is meeting again on Thursday, a full six weeks since its last get-together, to review and set regional monetary conditions and, importantly, to update its economic forecasts for the remainder of 2021 and beyond.
At the conclusion of its 22 April meeting, ECB policymakers elected to maintain key regional interest rates on hold at record low levels.
Despite the vaccine roll-out, economic unlocking and a pronounced increase in inflation fears, these core rates are unlikely to be adjusted and, furthermore, seem certain to remain in place for some time to come.