ECB will raise its interest rates until inflation falls back to its 2% target – by fx_ross ECB EURUSD Europe CentralBanks
The rate hike will only the latest step in our journey to unwind the special measures.We will keep raising rates for as long as necessary to bring inflation down to our target over the medium term.
"We will see in the autumn what the economic situation is. Then we can probably decide if we do another 0.5% or less."Meanwhile, euro bulls have moved in from below parity in a correction of three prior weeks of supply. Information on these pages contains forward-looking statements that involve risks and uncertainties.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
'We've never had a situation quite like this': Making sense of economic trendsWith high inflation and rising interest rates, yet low unemployment, economists are deciphering many mixed signals. via robharristv
Baca lebih lajut »
GBP/USD Rate Rebound Vulnerable to Hawkish Fed Forward GuidanceGBP/USD continues to retrace the decline from earlier this month despite the limited reaction to the UK Consumer Price Index (CPI), but the Federal Reserve interest rate decision may undermine the recent rebound.
Baca lebih lajut »
Buying A House Is About To Get Even HarderWant to buy a house but are still stuck renting? Bad news: the market's likely to stay this way for awhile. Our contributor Erik Sherman explains:
Baca lebih lajut »
Hot inflation sets Bank of Canada on course for another oversized rate hikeCanada\u0027s inflation rate surged to 8.1 per cent in June, the biggest year\u002Dover\u002Dyear increase since January 1983. Here\u0027s what you need to know
Baca lebih lajut »
Former Obama economic adviser Larry Summers warns a 'very high likelihood' for a recessionFormer Barack Obama economic adviser Larry Summers warned that there’s a higher likelihood of recession following high inflation rates while appearing on CNN.
Baca lebih lajut »
Larry Summers, who predicted Biden's inflation missteps, expects recessionSummers said that the current combination of high inflation and low unemployment rates is nearly certain to trigger a recession.
Baca lebih lajut »