Most recent posts from Europe

The ECB raised interest rates by 25 bps, a move that had been largely priced in following a more hawkish July meeting, recent statements, and strong growth data. The central bank also revised its GDP forecasts upward, reflecting a somewhat more optimistic growth outlook.

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

Europe is pursuing an industrial policy to boost competitiveness with the U.S., rightly inspired by the Letta and Draghi reports. However, the Industrial Accelerator Act is criticized for not going far enough in cutting red tape and deepening EU integration.

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

Following its July pause, the ECB has adopted a more hawkish tone due to renewed geopolitical tensions and the surge in oil prices. The September rate decision remains open, depending on incoming data and geopolitical developments. If the Strait remains closed, it will be very difficult for the ECB to avoid another hike.

The ECB kept the deposit rate unchanged at 2.25% following a unanimous decision. Lagarde adopted a hawkish tone, stressing that the energy shock has yet to fully feed through the economy. With more data available by September, the next move will depend on whether energy and geopolitical pressures persist over the summer.