Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
How Oil and Chinese Imports Are Stalling ECB Rate Cuts
Eurozone GDP just hit 2.1 percent annualized, but two external shocks are giving ECB policymakers pause: import prices from China are at their highest since 2008, and Brent crude has climbed above $90 a barrel. Lucas and Luna unpack how these twin pressures are complicating the ECB's path toward further rate cuts, despite solid growth. They examine the trade-weighted dollar index dip, the euro's stubborn plateau at 1.14, and why the recent Singapore rate hike signals that rising oil prices are a global concern. Is the ECB facing a stagflationary headache, or can it look through the…
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