Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany, on Thursday, June 11, 2026. Alex Kraus | Bloomberg | Getty Images The European Central Bank is widely expected to raise interest rates on Thursday, but uncertainty around the U.S.-Iran war is clouding the outlook for its…
Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany, on Thursday, June 11, 2026. Alex Kraus | Bloomberg | Getty Images Europe is facing an erosion of the conditions that historically drove the continent’s growth, its top central banker warned Wednesday, as she called on leaders…
Joachim Nagel, President of the Bundesbank, Germany’s central bank, speaks to members of the Foreign Journalists’ Association on April 23, 2024 in Berlin, Germany. Michele Tantussi | Getty Images Inflation is at risk of remaining above target despite the U.S. and Iran agreeing to end their war in the Middle East, a top European central…
A woman walks past a billboard displaying Iran’s national flag at Enghelab Square in Tehran on June 14, 2026. – | Afp | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. U.S. President Donald Trump had a number of reasons to celebrate…
A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images European Central Bank policymakers face a dilemma as efforts to combat inflationary pressures with interest rate hikes risk tipping…
Mounted police officers sit in outside the Royal Exchange and the Bank of England in London on June 17, 2020. TOLGA AKMEN | AFP via Getty Images Europe’s central banks are in focus this week as the European Central Bank and Bank of England release their latest monetary policy decisions against a backdrop of rising…
With less than 2 weeks remaining until the next European Central Bank meeting, the bloc’s policymakers appear undecided on the future of interest rates. Financial markets are currently pricing in a hold at the April 29-30 meeting, followed by a hike in June, according to LSEG data. The majority of traders expect the ECB’s key…
Crowds of pedestrians and shoppers walk along Weinstrasse toward Marienplatz in Munich, Germany, on March 14, 2026. Michael Nguyen | Nurphoto | Getty Images European government bonds continued to sell off on Friday, building on a rout that has seen multiple countries’ borrowing costs hit multi-decade highs in recent weeks. Thursday saw the yield on…
The Euro Sculpture at Willy-Brandt-Platz in the financial district of Frankfurt, Germany, on March 6, 2025. Bloomberg | Bloomberg | Getty Images Brokers now forecast multiple European Central Bank interest rate hikes this year as the specter of higher inflation and lower growth piles pressure on central banks to act. J.P. Morgan, Morgan Stanley and…
The ECB has announced it will be hiking rates in July and September to counter record inflation. Daniel Roland | Afp | Getty Images U.S. political strategist James Carville famously said he would like to be reincarnated as the bond market because “you can intimidate everyone.” So when bond yields start signaling a problem, the…
