5 results for “ecb”
German 10-year yields hit their lowest level since August as the tech-selloff safe-haven rotation and fading hike expectations swept the eurozone bond market.
Annual inflation reached its highest level since September 2023 on an energy-driven surge, but the ECB president declined to commit the council to a December hike.
The S&P Global Eurozone Manufacturing PMI eased slightly to 52.7 in October for a ninth straight month of growth as input costs hit a five-month high, keeping ECB rate pressure alive.
An ECB survey shows higher inflation forecasts for 2026 and 2027, while longer-term expectations remain at 2%.
US stocks slipped on Thursday after Alphabet's quarterly results disappointed and the Federal Reserve kept its target range at 3.75 to 4 per cent, while the ECB held rates and Christine Lagarde announced a resignation effective in February.