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The focus of Thursday’s ECB monetary policy meeting was not so much on the interest rate decision (already priced in by analysts and markets, who expected the deposit rate to be unchanged at 2%), as on the hints that Christine Lagarde could give regarding what the central bank will do next.

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.

Tariff wars and shocks to international trade can significantly affect economic activity and the performance of banking systems.

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

At her press conference on Thursday after the ECB meeting, President Lagarde said goodbye to journalists and listeners wishing to hear more about a ‘wait and see’ holiday, an expression widely used by central bankers to imply that the next monetary policy moves will depend on how events unfold.

Lagarde cooled expectations of another rate cut this year, reinforcing a more cautious, data-dependent stance. If the global outlook holds steady and no surprises arise in inflation or activity, the ECB may have already reached the end of its easing cycle.

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