Free Trial
GILT TECHS

(U2) Gains Considered Corrective

EUROSTOXX50 TECHS

(U2) Bearish Outlook

SCHATZ TECHS

(U2) Trend Needle Still Points South

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: Rate Rise Pace Split ECB GovCo, April Account Shows

(MNI) London
(MNI) London

Governing Council members split on how quickly rates needed to rise, but delayed decisions until June.

True

Governing Council members at the European Central Bank widely agreed that increases in both headline and core inflation had become a major concern for households and businesses, but divided on whether medium-term inflation expectations were becoming de-anchored and how soon to react, the official Account of April’s ’s meeting shows.

Some pressed for an end to APP “as soon as possible,” paving the way for rate hike, while others argued that such an aggressive adjustment to the policy stance might lower growth while having little effect on near-term inflation.

Keep reading...Show less
199 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Governing Council members at the European Central Bank widely agreed that increases in both headline and core inflation had become a major concern for households and businesses, but divided on whether medium-term inflation expectations were becoming de-anchored and how soon to react, the official Account of April’s ’s meeting shows.

Some pressed for an end to APP “as soon as possible,” paving the way for rate hike, while others argued that such an aggressive adjustment to the policy stance might lower growth while having little effect on near-term inflation.

Keep reading...Show less