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Analysis-ECB throws markets crumbs of comfort against a turbulent backdrop

The European Central Bank steered clear on Thursday of signalling any big policy shifts that could have unsettled investors that are already grappling with a raft of risks from war, oil prices and tighter credit conditions. The ECB paused an unprecedented hiking cycle in which its main rate has risen to a record 4%, from below 0% in July 2022, as inflation slows and the bloc's economy deteriorates. That was a relief to financial markets, roiled in recent weeks by a surge in government bond yields led by U.S. Treasuries. ....

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ECB's Hike-or-Pause Dilemma Going Down to the Wire, Poll Shows

(Bloomberg) Economists see the European Central Bank lifting interest rates one last time to tame inflation — they’re just not sure it will happen next week.Most Read from BloombergHong Kong Shuts Down City After Heaviest Rainfall On RecordApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, Agencies‘Blame the Boomers’ for Surging House Prices, Barclays SaysA Bloomberg s ....

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