December ECB Meeting: Still In 'A Good Place,' With A Focus On Optionality
Summarize this article with:
Principal Financial Group1.2K FollowersFollow5ShareSavePlay(4min)CommentsSummaryAs expected, the European Central Bank (ECB) held policy rates steady today, extending its pause for a fourth straight meeting in the current easing cycle.Economic activity has continued to grow, aided by fiscal spending and increased business capex.Inflation has been in a narrow range since the spring amid lower energy prices. Schroptschop/iStock via Getty Images By Seema Shah, Managing Director, Chief Strategist and Christian Floro, CFA, CMT, Market Strategist As expected, the European Central Bank (ECB) held policy rates steady today, extending its pause for a fourth straight meeting in the current easing cycle. RatesThis article was written byPrincipal Financial Group1.2K FollowersFollowThe Principal Financial Group (The Principal®) is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500®, the Principal Financial Group has $519.3 billion in assets under management1 and serves some 19.7 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States.
Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com. Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Co. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Princor Financial Services Corp., 800/247-1737, Member SIPC and/or independent broker/dealers. Principal National, Principal Life, Principal Funds Distributor, Inc. and Princor® are members of the Principal Financial Group®, Des Moines, IA 50392. Investing involves market risk, including possible loss of principal.