Money Minute Thursday 23 January: European interest rates

In today's Money Minute we look ahead to Christine Lagarde's second interest-rate-setting meeting at the European Central Bank.

The European Central Bank makes its first decision on interest rates for this year this afternoon. Inflation in the eurozone remains well below the target of near-2%, so eurozone interest rates are almost certain to remain where they are, at negative 0.5%. The ECB will also continue to print money via quantitative easing. 

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However, while no surprises are expected, investors will be paying particularly close attention as new boss Christine Lagarde continues to settle in. This is her second rate-setting meeting and investors will be looking for any hints as to how the ECB’s year-long strategic review might pan out.  

Later in the afternoon, we’ll get the latest reading on consumer confidence across the region. Broadly speaking, consumers are hardly over the moon. But nor are they so gloomy that the data suggests a recession is imminent. 

Elsewhere, the Norwegian central bank is also due to report its latest interest rate decision. The key interest rate is expected to remain at 1.5%.




Money Minute Thursday 9 January: EU withdrawal, plus eurozone and US jobs figures

Today's Money Minute looks ahead to the vote on the government's EU withdrawal bill and the latest employment figures for the eurozone and the US.
9 Jan 2020

Money Minute Wednesday 8 January: UK house prices and Chinese inflation

In today's Money Minute we look ahead to the latest report on house prices from Halifax; plus inflation in China and European business confidence.
8 Jan 2020

Money Minute Tuesday 7 January: will US services fare better than manufacturing?

Today's Money Minute looks ahead to the latest figures from America's services sector, plus the health of the eurozone's retail sector.
7 Jan 2020

Money Minute Monday 6 January: the week ahead

In today's Money Minute, we take a look ahead to this week’s biggest financial stories, including UK house prices and American wages.
6 Jan 2020

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