Is the ECB ‘behind the curve’ with ‘hesitant’ interest rate cut?
Investors will likely ‘remain in the dark before each upcoming meeting’ until the end of the year, according to experts
Monetary Policy
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Bank of America: European economy to slow but avoid recession
A net 65% of European investors consider monetary policy to be too restrictive in the region
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Deloitte: European markets to transition away from ‘wait and see’ approach
Further interest rate reductions in 2024 are expected to increase transactional activity
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The European Central Bank holds rates: Will we still see two more cuts this year?
Markets were assigning a 92% probability of the ECB holding rates prior to today’s meeting
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European hawks firmly in flight as ECB hikes rates by 50bps
And signals a similar rise in March
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China looks set to loosen the purse strings again
But it may not be to the degree most Western investors expect
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Economic recovery expectations split
With half saying equity markets have become out of sync with the real economy
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Is 2021 the year of European equities?
‘Seemingly infinite central bank liquidity is supporting the optimistic and risk-on sentiment’ says one portfolio manager
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Amundi CIO: ‘The battle between liquidity and solvency will continue’
Focus on sector leaders among sustainable businesses, says Pascal Blanqué
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German ruling on ECB monetary policy symbolic
Bond purchases not endangered by court decision, says DWS
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Central banks eye rate cuts to reduce volatility
But asset managers are divided about how effective it will be
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ECB pushes back rate hike until mid-2020
Despite shaky outlook, new stimulus measures fall short of expectations amid limited monetary policy options