The ECB’s Rapid Sequence of Interest Rate Increases Aim to Cool Down Prices in the Eurozone

To cool down prices in the Eurozone in one year, the ECB brought the reference rate to 4% with a rapid sequence of increases that is unprecedented in the history of the monetary economy. Read also: Eurozone inflation falls more than expected in June For the ECB and the Fed, more interest rate tightening is on the way. Lagarde does not see the recession Criticism of the…
2023-06-30 18:04:00
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