ECB needs to act on interest rates, Central Bank governor says
Makhlouf adds voice to growing clamour for July ECB rate hike
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Makhlouf adds voice to growing clamour for July ECB rate hike
Frankfurt is expected to start sequence of rate increases to stop high inflation becoming entrenched
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
The European Central bank backed on Thursday European Union proposals to toughen scrutiny of foreign lenders in the bloc, which has become a thorny issue since Brexit. Lenders from the United States, Switzerland and Britain, now outside the EU, fear the proposals will force them to set up a costly branch or subsidiary in the ...