Rates Spark: ECB outlook getting more complicated | Metals Mine

  • Rates Spark: ECB outlook getting more complicated

    From think.ing.com

    The European Central Bank meeting next week is the one that markets will watch after the Fed held rates steady on Wednesday. But while the consensus is that nothing will happen, the ‘good place’ the ECB sees itself in is looking less comfortable, as our economists note. For now, the underlying story might still look good for the eurozone. But exchange rate dynamics put downward pressure on inflation projections, while at the same time, cold weather and tensions around Iran have pressured energy prices higher. To compound market worries, AI concerns are resurfacing of late, sending US tech stocks lower and the ... (full story)

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