Citizens’ trust in the ECB still in tatters – Commerzbank

Households do not seem to really believe that the ECB will be able to bring inflation back to its target of 2% in the medium term, economists at Commerzbank say.

Consumers expect medium-term inflation above 2%

Even though the ECB's communication has improved in recent years, this does not appear to have increased public trust in the central bank.

The ECB is still experiencing a crisis of trust, which may impair the effectiveness of its monetary policy.

The citizens of the Euro countries do not expect a return to the 2% target in the medium term and are acting in line with their expectations.

Feb 23, 2024

Investors should avoid the “cash trap” and step into risk markets – JP Morgan

Thanks to the Federal Reserve’s rate hiking campaign, cash looks more attractive today than in the last two decades.

ECB covereage: policymakers scramble for the microphone on Friday

Several European Central Bank policymakers hit the newswires on Friday, giving their opinions on economic conditions and outlook as Europe sees day two of the ECOFIN meetings, and the Eurogroup meetings get under way today.