ECB could raise rates this year, board member tells Dublin event
Frank Elderson says he wouldn’t exclude lift-off in interest rates later this year
Source: irishtimes.com
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Proportioning policy action to the evidence: making the monetary policy strategy of the ECB concrete
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.
Source: ecb.europa.eu
ECB could raise rates this year, Elderson says | Hellenic Shipping News Worldwide
The European Central Bank could still raise interest rates this year, even if its guidance gives it wide discretion over the timing of the move, ECB board member Frank Elderson said on Thursday. “I would not exclude a lift-off still in the course of this year,” Elderson told a financial event. He added that the ...
Source: hellenicshippingnews.com
Weekly Fundamental Euro Forecast: Rebound in Yields Insulating the Euro
ECB rate expectations are evolving, but the ECB continues to push back on the idea of rate hikes anytime soon.
Source: dailyfx.com
The Federal Reserve's Climate Policy: The Fight in Washington Is Just Heating Up
Sarah Bloom Raskin won’t be joining the central bank, thanks to Joe Manchin and the GOP. But the pressure on Fed Chair Jerome Powell from Democrats and climate activists will only grow.
Source: newrepublic.com