-
ECB set for June ‘insurance’ hike as energy shock raises policy risks
In two weeks, the European Central Bank will meet again, and a rate hike is starting to look close to a done deal. Back at the last meeting, ECB President Christine Lagarde added a touch of conditionality, stressing that higher energy prices showed some indirect effects but definitely no second-round effects yet. The June meeting is expected to focus heavily on how higher energy prices and the war in the Middle East could affect – or are already affecting – inflation and inflation expectations. While ECB staff is busy tying up the last loose ends on a new set of forecasts for the June meeting, we've already had a ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Iran's state TV: We have a draft of the initial unofficial framework for the MOU with the US IRAN'S STATE TV SAYS ACCORDING TO DRAFT MOU US MILITARY FORCES WILL WITHDRAW FROM VICINITY OF IRAN AND LIFT NAVAL BLOCKADE The management and route of ship traffic through Strait of Hormuz will be handled by Iran in cooperation with Oman - Iran's State TV. If a final deal is reached within 60 days, this agreement will be approved in the form of a binding UN Security Council resolution - Iran's State TV. Iran's State TV: The Islamabad memorandum framework is not yet finalized; no step will be taken by Iran without "tangible verification."
*WHITE HOUSE: MOU REPORTED ON BY IRAN MEDIA IS FABRICATION This report from Iranian controlled media is not true and the MOU they “released” is a complete fabrication. Nobody should believe what Iranian state media is putting out. FACTS MATTER.
The outlook for euro area financial stability is being shaped by geoeconomic stress and energy supply disruptions, with the severity and duration of the fallout still uncertain, according to the May 2026 Financial Stability Review, which is published today by the European Central Bank (ECB). “The current energy supply shock poses upside risks to inflation ...
