ECB Needs to Manage Longer-Lasting Inflation Shock - ActionForex
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The interest rates set by the European Central Bank are up by a quarter of a percentage point from today. The Central Bank of Montenegro announced that this change will not be automatically transferred to our country, so citizens will pay the same installments as before. Economist Kasim Bajrović told us that the adjustments will depend on the decision of the banks operating …
Photo:Pixabay The interest rates set by the European Central Bank ECB are up by a quarter of a percentage point from today. The Central Bank of Montenegro announced that this change will not be automatically transferred to us, so citizens will pay the same installments as before, writes RTCG. Economist Kasim Bajrović said that the corrections will depend on […]
The new interest rate increase by the ECB is expected to provide further impetus to banks' interest income, provided that the dynamics of credit expansion, the low cost of the deposit base and the limited beta of deposits are maintained, with expanded bond portfolios acting as a useful "wild card".
ECB Needs to Manage Longer-Lasting Inflation Shock - ActionForex
On 10 September, the ECB raised its policy rate, the deposit rate, by 25 basis points to 2.50%, as expected. As a result, the refinancing rate and the marginal lending rate also increased by 25 basis points each to 2.65% and 2.90% respectively. The decision was accompanied by new forecasts from the ECB economists. Again, there were a total of three alternative scenarios in addition to the baseline scenario (one milder and two more pessimistic). …
In a new stress test of the effects on inflation and growth, the European Central Bank is leading the sharp rise in energy prices in recent days, with everything indicating that the unfavorable scenario has become the main one, as its officials prepare for another interest rate hike, the third for this year, even in October. Analysts do not rule out a rise in eurozone inflation close to 5 percent this year and early next year, with the recent in…
The European Central Bank (ECB) raised its key interest rate by 25 basis points at its meeting on September 10, while also revising its macroeconomic forecasts for growth and inflation upwards. According to the updated baseline, eurozone inflation could remain at 2.5 percent in 2027 due to rising energy and food prices, while the continent could face a technical recession and price increases of up to 5-6 percent if the conflict in the Middle Eas…
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