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Economic growth in the euro zone is more sluggish than the European Central Bank expected but the goal is to control inflation, so interest rates could still go higher, if needed, ECB board member...
Italian risk premium rose on Wednesday as investors adjusted their positioning to lower growth and higher deficit figures ahead of the government's announcement of its budget plan. The...
The Euro (EUR) experiences an increasing bearish sentiment against the US Dollar (USD), prompting the EUR/USD to decline and reach fresh six-month low
(Bloomberg) -- It’s unclear whether the European Central Bank has lifted borrowing costs to their peak, with the persistence of inflation meaning further hikes can’t be excluded, according to Governing Council member Robert Holzmann.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Bill
In an MNI interview, ECB Executive Board Member Frank Elderson responded to the speculation on whether interest rates have reached their pea. He noted, "Does that mean policy rates have peaked? Not necessarily. There is still a lot of uncertainty."