
Caroline Grady is Head of Emerging Markets Research at Macro Hive. Formerly, she was a Senior EM Economist at Deutsche Bank and a Leader Writer at the Financial Times.
Caroline Grady is Head of Emerging Markets Research at Macro Hive. Formerly, she was a Senior EM Economist at Deutsche Bank and a Leader Writer at the Financial Times.
Europe | Rates
Henry Occleston, Caroline Grady
Summary The ECB is widely expected to cut its depo rate by another 25bps on Thursday. Below-target inflation and increasing signs of economic, and in particular labour market, weakness are why. But we expect a cautious tone given inflation is set to rise again in Q4, risks over January repricing remain, and Q2 employment growth […]
Caroline Grady
The Governing Council stuck with its earlier guidance and delivered another 50bps rate hike. It announced no new facilities to support banking sector liquidity.
Caroline Grady
The Governing Council stuck with its earlier guidance and delivered another 50bps rate hike. It announced no new facilities to support banking sector liquidity.
John Tierney, Caroline Grady
Retail sales surprised on the downside – total sales were down -0.3% versus +0.1% consensus forecast. Ex autos, sales were up 0.5% versus 0.7% forecast.
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