Christine Lagarde refuses to rule out tightening of monetary policy in 2022

She backed away from earlier comments playing down the chances of the bank raising rates in 2022 because of “the situation having changed”

Germany’s 10-year yield, a benchmark for financial assets across the eurozone, surged to a nearly three-year high of 0.14 per cent. 

 FT 3 February 2022

https://www.ft.com/content/e47d4c52-1a5f-4ec4-b130-748bb3767e4b

 

European government bonds were hit with a fresh wave of selling on Friday as traders ratcheted up their expectations that the European Central Bank will assume a far more aggressive tack in pushing back against record inflation.

Investors are now pricing in expectations that the ECB will raise its deposit rate from minus 0.5 per cent at present to almost zero by the end of the year

FT 4 February 2022 

https://www.ft.com/content/1e8f618d-0803-4fba-819c-9997f9593a35

 

How surreally low rates have become that a rise of a “heady” 0.25 percentage points to the terrifying heights of 0.5pc should be thought worthy of comment at all.

Jeremy Warner Telegraph 2 February 2022

https://englundmacro.blogspot.com/2022/02/central-banks-are-not-going-to-be-able.html

 

Nu tror de flesta att Fed stegvis kommer att höja styrräntan till 1 procent, kanske rent av 1,5 procent  

Carl Johan von Seth DN 27 januari 2022

https://englundmacro.blogspot.com/2022/01/nu-tror-de-flesta-att-fed-stegvis.html