United States MBA Mortgage Applications up to 1.7% in May 8 from previous -4.4%

May 13, 2026

ECB to hike interest rates in June – Reuters poll

According to a Reuters poll, the European Central Bank (ECB) will hike the deposit rate by 25 basis points (bps) to 2.25% in June, said 59 of 70 economists (vs 44 of 85 in April survey).

ECB’s Rehn: Monetary policy should not be based on oil prices alone

European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said during European trading hours on Wednesday that higher oil prices should be the only factor to direct monetary policy decisions. Rehn added that the central bank needs to assess the scope of energy shocks.