News
German inflation falls back below 2%
2+ hour, 26+ min ago (350+ words) German headline inflation has fallen below the ECB's 2% target German inflation falls back below 2% Ongoing favourable energy base effects and abating food price pressure have pushed down German inflation to 1.9% year-on-year in February German headline inflation, according to the national…...
Poland: Record high borrowing needs but lower bond issuance
1+ day, 10+ hour ago (431+ words) Borrowing needs are set to surge to record highs in 2026 while POLGB issuance is set to fall Poland: Record high borrowing needs but lower bond issuance Borrowing needs are set to surge to record highs in 2026, driven by redemptions and…...
CEE bond technicals: Foreign interest remains selective
1+ day, 10+ hour ago (828+ words) CEE local debt still lags, with foreign demand limited to idiosyncratic stories such as Hungary and Turkey CEE bond technicals: Foreign interest remains selective Despite a global EM inflow rebound, CEE local debt still lags, with foreign demand limited to…...
Turkey: Higher debt costs, predictable funding strategy
1+ day, 11+ hour ago (186+ words) Turkey: Higher debt costs, predictable funding strategy'ING THINK economic and financial analysis | ING THINK Turkey: Higher debt costs, predictable funding strategy Fiscal consolidation brought a positive surprise in 2025, but rising interest costs and redemptions should push borrowing needs sharply higher…...
Europeans fear government spending will cost them personally
1+ day, 11+ hour ago (368+ words) As governments increase spending on defence and infrastructure, many European consumers are asking: "What's in it for me?" Our latest ING Consumer Research survey suggests many are sceptical about the benefits and, in fact, fear negative spillovers for their personal…...
Bank of Japan won’t alter its policy normalisation path
2+ day, 10+ hour ago (225+ words) After a Japanese newspaper highlighted PM Sanae Takaichi's tougher tone on future rate hikes, and following'today's announcement of two dovish-leaning Bank of Japan board nominees, the yen fell against the US dollar. However, we do not expect this to prompt…...
Rates: Why investors may turn to EGBs amid equity jitters
2+ day, 10+ hour ago (244+ words) AI-related equity jitters are unlikely to be resolved overnight and eurozone government bonds (EGBs) could actually come out as a winner. Relative to euro rates, US equity volatility is reaching highs similar to previous crisis periods. A global rebalancing of…...
National Bank of Hungary Review: The rate cut has arrived, but what’s next?
3+ day, 4+ hour ago (252+ words) Sixteen months later, the National Bank of Hungary decided that the time was right for a change. The 25bp rate cut in February matched the almost unanimous market expectations. Based on the still open-ended forward guidance, our base case remains a…...
Watch: US growth poised for a post-shutdown bounce
3+ day, 6+ hour ago (90+ words) Watch: US growth poised for a post-shutdown bounce'ING THINK economic and financial analysis | ING THINK ING's James Knightley on why US growthis set to bounce back in the first quarter of the year following a post-shutdown dip The US government…...
Dollar 2026 decline: more cyclical than structural
4+ day, 14+ hour ago (811+ words) The dollar has started the year under pressure again. The prevailing narrative is that this is part of some structural loss of confidence in the dollar, if not in US asset markets. While we acknowledge some decades-old gradual'de-dollarisation trends, our…...