ING Economic and Financial Analysis

In this articleUS: July rate hikes look certain UK: wage data holds the key to size of August rate hike Canada: central bank policy meeting Czech Republic: Inflation to fall below 10% for the first...

Some good news on inflation for onceIf you’re looking for some good news on the UK inflation story, then on the face of it there’s plenty of it in the latest Decision Maker Panel from the...

All eyes on Europe’s service sectorThe heavy focus currently placed on service inflation from both markets and central banks means today’s PMI services should prove an interesting addition...

Oil edged higher yesterday following some good US macro data. However, this data also increases the likelihood of further rate hikes. And the expectation of further hikes will ultimately provide...

Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...

USD: Geopolitics has yet to make its mark Events in Russia this weekend have so far had very little impact on global financial markets. There has been no flight to quality rush into the short end of...

Deeper curve inversions highlight potential costs of tightening too farThe initial market reaction to the Bank of England increasing key rates by a larger than anticipated 50bp increment to 5% was...

Bank of England surprises markets – and there are more hikes to come The Bank of England has surprised markets with a 50 basis point rate hike, following a series of smaller moves this year....

No change in message means no change in curve flattening bias for nowThe spillover into other markets was limited in the end, but the higher-than-anticipated UK inflation data yesterday is a reminder...

It’s another month where UK inflation has come in dramatically higher than expected, and that all but guarantees another rate hike from the Bank of England tomorrow. Headline inflation remained...

Oil prices remain rangebound, with demand concerns continuing to put a cap on the market. European gas prices saw further strength yesterday, despite fundamentals still looking comfortable. Energy...

There has been little follow-through from the dollar selling we saw late last week. Currently, global markets present a curious picture of steeply inverting yield curves – which occasionally...

Markets are pricing almost six more rate hikes from here, and while we doubt the Bank of England would endorse that, we don't think it will want to push back heavily either given the recent tendency...

As Interest rate expectations in the UK surge, the Bank of England is set to hike rates by 25bp given inflation data continue to come in above forecasts. Norway's Central Bank is poised for another...

The Federal Reserve leaves US interest rates unchanged but signals more hikes are on the cards with some hawkish projections for the economy. July is a 'live' meeting, according to Powell, but a...

The European Central Bank continues its hiking cycle and shows no sign of pausing any time soon.One month ahead of the first anniversary of what has become the ECB’s most aggressive tightening...