European Central Bank Set for September Rate Increase as Geopolitical Tensions Sustain Price Pressures
8 Articles
8 Articles
Europe has had a mostly negative stock exchange session which is explained mainly by the release of the minutes of the last meeting of the European Central Bank (ECB), and macroeconomic fears with inflation, but also due to fears of an escalation of the war in Ukraine. This after the British Prime Minister, Andy Burnham, announced on Monday, on the occasion of the 35th anniversary of Ukrainian independence, that the MBDA defense company will sha…
Some members of the Board of Governors of the European Central Bank (ECB) defended the continuation of the tightening of monetary policy with a second rise in interest already at the meeting on 23 July, but accepted the commitment to postpone a decision after the summer, confirm the minutes of the meeting published this Thursday
Rome, 27 Aug. - (Adnkronos) - Although the final decision to hold down the reference rates was taken unanimously, at the Governing Council meeting of the ECB on 22 and 23 July, some governors - probably of the 'false' countries - made it known that they would not be opposed to an increase in rates anyway. To reveal the thin split in the Eurotower decision-making body are the minutes of the meeting just spread. The report reports as "these member…
Some members of the ECB Governing Council, at their meeting on 22-23 July, "have noted that, in view of the figures coming in for a further monetary tightening, they would not have opposed a rise in interest rates" as early as last month. (ANSA)
European Central Bank Set for September Rate Increase as Geopolitical Tensions Sustain Price Pressures
ECB minutes confirm September rate hike plans as inflation persists near 3%. Central bank set to raise policy rate to 2.50% amid geopolitical tensions. The post European Central Bank Set for September Rate Increase as Geopolitical Tensions Sustain Price...
Minutes from the European Central Bank's (ECB) monetary policy meeting revealed that the bank is preparing for another interest rate hike soon if inflation does not fall.
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