Report
War and peace at the ECB
Just two weeks ago it was generally thought that the ECB Governing Council would announce a normalisation plan today, involving a fairly rapid halt to asset purchases, followed soon after by an increase in the deposit rate. But that was in times of peace. In times of war, i.e. in the face of both an inflationary and a recessionary shock (such oxymorons do exist in economics), the least the ECB can do is adopt a slightly more cautious stance. It has, however, announced an accelera...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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