Borrowing costs are taking centre stage as the ECB prepares for 'ad hoc' talks

European bond yields fell and the region's single currency climbed on 15 June as the European Central Bank announced it would hold an emergency meeting to "discuss current market conditions."

The Governing Council's "ad-hoc" meeting comes the same day that the Federal Reserve will announce a policy decision, with many expecting an interest rate hike of 75 basis points.

ECB emergency meeting sends euro higher and bonds tumbling

Borrowing costs are taking centre stage as the ECB prepares for ‘ad hoc’ talks

Barbara Kollmeyer

Central Banking

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