ECB President Lagarde (Q&A) says today's decision was unanimous; ECB also debated a rate hike today
Lagarde's comments indicate a marked consensus within the ECB regarding today's decision, which is significant given the backdrop of ongoing discussions about rate hikes.
Bank of America pulls forward its USD 4k/T price forecast for aluminium from Q2 '27 to Q4 '26; copper mine supply remains tight and continue to anticipate deficit this year and next, and see copper prices gradually rising above USD 15k/T
ECB President Lagarde (Q&A) says it is popular to talk about stagflation; stagflation is a term that should be parked in he 1970s, does not apply to the current situation
ECB President Lagarde (Q&A) says today's decision was unanimous; ECB also debated a rate hike today
US President Trump is expected to hear about updated military options for Iran from Pentagon officials on Thursday as he pressures Tehran into agreeing to a deal, CNN sources report
ECB President Lagarde (Q&A), asked about the potential for a June rate hike, says she will not confirm whether we are close to Baseline Scenario 1 or 2; but we are certainly are moving away from the baseline
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- Says some Governors may argue about both sides of the proposals
The mention of differing perspectives among governors suggests underlying divisions that could influence future policy direction. This could weigh on the euro and impact fixed income markets as traders reassess expectations around the ECB's next moves.
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