The European Central Bank is expected to leave its benchmark rates unchanged, while investors focus on French government bonds and speculation about the future of ECB President Christine Lagarde.
The European Central Bank is expected to leave its benchmark rates unchanged, while investors focus on French government bonds and speculation about the future of ECB President Christine Lagarde.
Brilliant. The ECB holds rates, the whole continent yawns, and everyone stares at French bonds like they’re tea leaves. Meanwhile my mortgage still costs more than my car, and the grand plan seems to be waiting for Lagarde to step aside so we can all admire the next suit. Nobody in charge explains anything, we just get a press conference with the same three phrases. Pure comedy, if you’re not the one paying for it.