The majority of members of Handelsblatt's Shadow ECB Council believe that before taking further steps to normalize monetary policy, the ECB should first wait until it is clearer what the consequences of the war in Ukraine are for the euro area economy.
The European Central Bank is struggling to convince financial markets of its commitment to keeping interest rates at rock bottom but could gain the upper hand if it sticks to its message and follows through with it at next month's policy meeting.
The European Central Bank is struggling to convince financial markets of its commitment to keeping interest rates at rock bottom but could gain the upper hand if it sticks to its message and follows through with it at next month's policy meeting.