- ECB Financial Stability Review: Outlook for financial stability is fragile
Market news
22 November 2023
ECB Financial Stability Review: Outlook for financial stability is fragile
In its bi-annual assessment of the Euro area financial conditions, the European Central Bank (ECB) highlighted on Wednesday, “the outlook for financial stability is fragile.”
Additional takeaways
History suggests soft landing difficult, but not impossible.
A weak economy heightens stability risks from hikes.
It's crucial to reach the EU deal on fiscal rules.
Shadow banks have very low liquidity buffers.
Market reaction
At the time of writing, EUR/USD is trading at 1.0895, down 0.12% on the day.
Market Focus
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