Advertisement
Features

Money Minute Thursday 21 November: ECB minutes and Royal Mail results

The European Central Bank releases the minutes of its lates interest-rate-setting meeting today, while Royal Mail publishes its latest six-monthly results.

Yesterday the Federal Reserve America' central bank released minutes from its latest interest-rate setting meeting.Today, it's the European Central Bank's turn, and investors will probably be paying a lot more attention to the details of this particular debate.

Christine Lagarde has just taken over as head of the ECB. Her predecessor Mario Draghi, has handed her a tricky legacy to deal with.On the one hand, during his time in office, Draghi managed to push through monetary policies that made the ECB much like any other global central bank.On the other hand, several member states are uncomfortable with his parting decision to print more money on an effectively open-ended basis. The minutes from the October meeting may give us an insight into just how stressful Lagarde's early months in the job are going to be.

Advertisement - Article continues below

In the UK, the Royal Mail reports on the six months to the end of September.The backdrop for the group is extremely tough, and investors will be hoping for signs that its turnaround plans are working.

Advertisement
Advertisement

Recommended

How long can the good times roll?
Economy

How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019
7 August 1978: Love Canal declared a disaster
This day in history

7 August 1978: Love Canal declared a disaster

On this day in 1978, US president Jimmy Carter declared a Federal Emergency over contamination from toxic waste stored at the defunct Love Canal.
7 Aug 2020
The MoneyWeek Podcast: how to age well and profit from the “longevity dividend”
Investment strategy

The MoneyWeek Podcast: how to age well and profit from the “longevity dividend”

Merryn talks to economist and author Andrew J Scott and discusses how we can profit from the "longevity dividend" as we live longer; why we need to re…
6 Aug 2020
5 August 1976: Big Ben breaks down for the first time in 117 years
Economy

5 August 1976: Big Ben breaks down for the first time in 117 years

The Great Westminster Clock, AKA Big Ben, ran smoothly for over 100 years until, on this day in 1976, metal fatigue took its toll and the clock broke …
5 Aug 2020

Most Popular

Eagle Lightweight GT: the reincarnation of the E-type Jag
Toys and gadgets

Eagle Lightweight GT: the reincarnation of the E-type Jag

Jaguar’s classic E-type sports car has been reinvented for the modern age. The result – the Eagle Lightweight GT – is a thing of beauty.
7 Aug 2020
Platinum: the precious metal that looks set to play catch-up with silver and gold
Silver and other precious metals

Platinum: the precious metal that looks set to play catch-up with silver and gold

Gold and silver continue to soar, but there's still time to get in. And there's another precious metal that looks set to go on a bull run too, says Jo…
7 Aug 2020
UK house prices hit a new record high – can it last?
House prices

UK house prices hit a new record high – can it last?

Despite the pandemic, UK house prices have hit a new high. John Stepek looks at what’s driving the surge in prices, and what it means for house prices…
7 Aug 2020