Asset allocations · Market outlooks

‘Keep going, there’s nothing to see here’

Christine Lagarde, ECB President, arriving at the 4 May ECB press conference in Frankfurt. Photo: ECB.

The European Central Bank (ECB) is charting a course of strategic patience, signalling a readiness for a gradual policy shift that could commence as early as June. Analysts uniformly anticipate that while the near term may see steady policy rates, a carefully orchestrated move towards easing is on the cards.

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