Central banks
Global Daily: Massive Relax?
Oil futures are being offered this morning after President Trump on Friday declined to continue strikes on Iran...
Newsletter
The ECB holds to hike another day
The ECB saw no reason to hike rates today, but Lagarde hinted at a rate increase in September. This remains our base case.
Research
Exclusive Bank of Canada Post-Decision Report: Overly optimistic
The Bank of Canada released its decision to hold the overnight policy rate at 2.25% at the July 15 meeting.
Research
Exclusive Bank of Canada Preview: Another business omen?
We expect the Bank of to keep the overnight rate unchanged at 2.25%, a view shared by most Bloomberg surveyed economists and broadly reflected in market pricing.
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Exclusive Could the ECB raise the minimum reserve requirement?
The ECB is reportedly considering raising the minimum reserve requirement from 1% to 2%. This would roughly offset the additional interest costs of the June rate hike.
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The ECB hiked rates by 25bp. What's next?
The ECB raised the deposit facility rate by 25bp to 2.25%.
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