The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the path for higher rates beyond Thursday as
EUROPEAN MIDDAY BRIEFING - Stocks Mostly Drift Lower as Inflation Fears Dominate morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Thursday’s European Central Bank meeting could mark another tense moment for policymakers caught between record high inflation and the economic hit from the war in Ukraine. As some of the most dovish major central banks change tune to tackle surging inflation, some ECB Governing Council (GC) members are also pushing for an interest rate rise .
Thursday’s European Central Bank meeting could mark another tense moment for policymakers caught between record high inflation and the economic hit from the war in Ukraine. As some of the most dovish major central banks change tune to tackle surging inflation, some ECB Governing Council (GC) members are also pushing for an interest rate rise .
(Bloomberg) European Central Bank officials may differ on how to respond to the war in Ukraine, but they’re increasingly aligned on the need to raise interest rates.