Analysis-ECB seen struggling to keep market on side after mixed messages

Published by
Reuters UK

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s policy signals don’t seem to convince investors any more, analysts say, whether it is trying to raise their expectations for interest rates or lower them. Two years of tumult since economies began reopening after COVID have complicated central banks’ communications with financial markets, which help transmit policy moves to businesses and households. With inflation at multi-decade highs and war in Ukraine feeding economic volatility, global peers including the U.S. Federal Reserve and Bank of Japan have of…

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