European Central Bank Set for September Rate Increase as Geopolitical Tensions Sustain Price Pressures
6 Articles
6 Articles
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.
Some members of the Council of the European Central Bank (ECB) would have supported an increase in interest rates in July, considering that a late monetary policy response could delay the return of inflation to the 2% target.
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