Inflation, ECB
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The European Central Bank will stand by its aggressive stimulus policy of the last decade in a strategy review, side-stepping calls for self-criticism after a bout of high inflation and sizeable losses,
ECB President underscored that future decisions will be geared towards achieving a timely return of inflation to the target level. The central bank is prepared to keep interest rates at ...
The policy divergence between the European Central Bank and the Bank of Japan is becoming increasingly clear. While the ECB looks set to continue reducing rates cautiously amid mixed economic signals, the BoJ is under growing pressure to tighten further as inflation gains traction.
According to the monthly report published by the ECB, average inflation expectations in the Eurozone for the next 12 months rose in April
Inflation falls to 1.9% in May but core inflation remains above 2%. The Consumer Price Index (CPI) reaches its lowest value since last October.View on euronews
European Central Bank Governing Council member Klaas Knot warned that “historically large shocks” in the global economy and their fallout on prices will be hard to navigate and require flexibility from policymakers.
The European Central Bank will almost certainly cut interest rates on June 5, with a more than 70% majority of economists polled by Reuters expecting policymakers to pause for the first time in a year in July despite a weak economy at risk from the U.