ECB’s Lagarde Says Data Will Tell if December Rate Hike Needed
7 Articles
7 Articles
ECB's Lagarde says data will tell if December rate hike needed
The European Central Bank (ECB) is analysing economic data to assess whether an increase in the interest rate in the euro area could be justified next month, said the president of the institution, Christine Lagarde. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Forbes, the world's most well-conceived business and economic magazine. BCE maintained its basic deposit rate at 2.5%, and a long list of monetary policy formulators The post BCE Analyzes Indicators for Assessing Whether It's Necessary Increase in Interests in December, Diz Lagarde apareceu primeiro em Forbes Brasil.
Available economic data will judge whether a new interest rate hike in December is warranted, after keeping them unchanged in November.
Inflation at 4% in the Eurozone and above 5% in Italy, driven mainly by energy. The president: the shock can last longer than expected and produce indirect effects on prices. We are ready to intervene if necessary
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