Update on ECB monetary policy

Update on ECB monetary policy

Update on ECB monetary policy 📍 As expected, on Thursday, the ECB left interest rates on hold for the first time since June 2022 regardless of its view about a long-lasting high inflation environment. According to Lagarde, further hikes were not discussed during the...
Lower economic growth IS needed to reduce inflation

Lower economic growth IS needed to reduce inflation

Lower economic growth IS needed to reduce inflation –      Despite recent signs of decreasing inflation, Federal Reserve Chairman Jerome Powell stated on Thursday that the central bank will remain «resolute» in its commitment to its 2% target. Powell avoided...