The European Central Bank still won't say when it might start raising interest rates, even as inflation surges to another record high. Given war in Ukraine, as well as a Covid surge in China, it wants to keep its options open.
The ECB reiterated on Thursday that it would only raise the cost of borrowing after it winds down its purchases of government bonds, which it confirmed should happen at some point in the third quarter. Its counterparts in the United States and United Kingdom have both hiked rates in recent weeks as global inflation soared.
Her task is made even more difficult by the fact that Europe is more directly exposed to the economic fallout from the war than the US or UK economies.Move too slowly, and inflation could remain way beyond the bank's 2% target. With growth in the eurozone likely to have remained weak in the first quarter, the region is now staring at stagflation — the nightmare combination of high inflation and a stagnant economy.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
For Mavericks, best option may be to open playoff series vs. Jazz without Luka DoncicEverything with the Mavericks is a little opaque these days, even the windows Luka Doncic was sitting behind just as the media was allowed into the club’s...
Weiterlesen »
Meta Opens Monetization Options to Users of Horizon Worlds – Metaverse Bitcoin NewsMeta to launch a pilot program that will allow some creators on the platform to sell virtual items or collect payments for access to their experiences in Horizon Worlds, its metaverse platform.
Weiterlesen »
FX option expiries for April 13 NY cutFX option expiries for April 13 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0800 214M 1.0865-70 1.03B 1.0900
Weiterlesen »
9 things to know about Melissa Lucio, the Texas mom who could be first Latina executed in modern eraAs Melissa Lucio's execution looms, her options are looking slim despite new evidence her...
Weiterlesen »
Asus ROG Strix Scar 17: powerful, brash, derivativeA great option in terms of power and price, but not looks
Weiterlesen »