Latest Updates: Related to Inflation

Central Banks Unite in Global Inflation Fight


This morning, European Central Bank President Christine Lagarde announced a 75 basis point rate hike, boosting the ECB deposit rate from 0.00% to 0.75%. The largest increase in the history of the European Central Bank follows a 50 bp hike in July which brought the target rate up from -0.50% to 0.00, effectively ending the eight-year negative rate experiment. Clearly, with eurozone annual inflation now at +9.1% and rising, the ECB remains well behind the curve. Lagarde said today’s move was intended "to dampen demand and guard against the risk of a persistent upward shift in inflation expectations." She also signaled that “several more” increases were on the way.

Read the full article

Read more Economic Commentary

Learn More From HilltopSecurities

Fed Minutes: No News is Good News

Strong February Employment Clears the Deck for Fed Liftoff

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.