The European Central Bank looks set on Thursday to deliver another large interest rate rise to curb inflation. What it does after that is less certain.
ECB President Christine Lagarde, speaking in Davos recently, stressed the need for monetary policy to "stay the course."
"ECB policymakers think they have to kill inflation and will only stop hiking when they a see a big improvement in the inflation outlook," said Carsten Brzeski, global head of macro at ING.The ECB raising its deposit rate by 50 basis points to 2.5% is seen as a done deal, so markets will focus on what Lagarde has to say.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Suze Orman is staying conservative with her investments, shunning tech and buying T-billsPersonal finance expert Suze Orman is shunning a winning group in favor of energy and low-risk.
Baca lebih lajut »
Sorry, Turkey is staying in NATOTurkey is the red-headed step-child of NATO. With a history of military coups, a penchant for internal crackdowns on dissent, and a big nationalist streak, the Mediterranean power's internal politics have always been complicated. This is certainly the case with current President Recep Tayyip…
Baca lebih lajut »
EUR/USD reflects market tension around 1.0870 ahead of German GDP, Fed vs. ECB battleEUR/USD treads water around 1.0870-60 as markets remain on a dicey floor ahead of the key central bank meetings and data. Adding strength to the marke
Baca lebih lajut »
Brother of Tyre Nichols says he hopes all five cops dieThe brother of Tyre Nichols said he hopes the Memphis cops who fatally beat his brother wind up dead, too.
Baca lebih lajut »
49ers vs. Eagles: Five keys to winning NFC Championship, Super Bowl berthThe 49ers “still have that bad taste” in their mouths from past playoff exits and need to follow these steps to winning the NFC Championship on Sunday at the Philadelphia Eagles.
Baca lebih lajut »
Yuja Wang, five not-so-easy pieces, and the truth that Marilyn Monroe told.The Curtis Institute-trained pianist played a Rachmaninoff marathon with the Philadelphia Orchestra, and the winner was Rachmaninoff.
Baca lebih lajut »