Interest rates

Last week's decision by the ECB to cut rates was fairly straightforward. But from April onwards there is likely to be a fierce debate within the Governing Council on future monetary policy direction.

The central banks have shown that they can take powerful action against a dramatic rise in inflation. Now the central banks must stay the course – and governments must take action.

The CIO of LBBW Asset Management, Michael Hünseler, expects that the Fed will cut interest rates this year. And he anticipates greater volatility on stock markets.

Ingo Mainert, CIO Multi Asset Europe at Allianz Global Investors, views it as unlikely that the ECB would come up with a second rate cut in July. And the Federal Reserve might not cut rates in September.

DIW President Marcel Fratzscher believes that interest rates in the Eurozone are too high and calls for a different communication strategy from the ECB.

Small and mid caps have lagged behind blue chips in recent years. In her interview with Börsen-Zeitung, Caroline Gauthier, Co-Head of Equities at Edmond de Rothschild AM, explains why this is the case and what is needed to get small and growth stocks back on track.

Savings banks are faced with the accusation that they are failing to fulfil their public mandate by offering low interest rates on savings. Wrongfully so!

The question of whether or not the US Federal Reserve will raise its key interest rate even further is driving market participants and economists around the world. In an interview with Börsen-Zeitung, Loretta Mester, President of the Cleveland Regional Fed, gives her take of the situation.

The debate about the ECB‘s future course is gaining momentum - on the markets and among economists, but also among the euro central bankers themselves. In an interview, ECB Governing Council member Olli Rehn speaks plainly about the current situation and the outlook.