#ECB’s Governing Council

The euro stumbled, dropping to session lows on Thursday after Eurostat reported that despite a welcome decline in Europe's unemployment rate to 8.8%, the lowest level in 9 years, Eurozone inflation missed expectations, rising from 1.4% to 1.5%, below the 1.6% consensus expectations, reminding the

Yesterday's Japan flash-crash inspired selling continues for a second day, with global equities - and bonds - sliding early Friday on concerns U.S. tax reform - and corporate tax cuts - will be delayed after Senate Republicans unveiled a plan that differed significantly from the House of

Talk 'em up, then slam 'em down. The familiar pattern of "clear and transparent" central bank communication was on full display moments ago, when following months of build up to an ECB taper announcement, the ECB used its favorite mouthpiece, Reuters, to "trial balloon" that an ECB decision over

Two weeks after Germany reported a spike in consumer prices, which jumped 1.9% from a year ago, the biggest annual increased since July 2013... ... overnight Germans got another price shock when the Federal Statistics Office reported that Wholesale Prices rose a China-like 0.8% MOM in January,

German consumer prices accelerated at the fastest pace in three and a half years in January, leaving the ECB running out of excuses to maintain (or even extend) its stimulus measures.  As Bloomberg notes, consumer prices rose 1.9 percent from a year ago, data from the Federal Statistics Office