Oil at $100 and Inflation Pose a Dilemma for the ECB
9 Articles
9 Articles
In October, Frankfurt's decision depends on the course of energy and new price data - International oil prices under the microscope
The European Central Bank is in a dilemma over whether to raise interest rates at its next meeting on October 29, with the path of inflation in September and the evolution of the international oil price being the crucial variables. The $100 per barrel threshold for Brent and Eurostat's September inflation data will determine the ECB's decision on a possible increase or wait until December.
September inflation and the course of the international oil price in October are the two main barometers for the next decisions of the European ... The article Interest Rates: Inflation and the price of oil as a barometer for the next moves of the ECB was published in NewsIT.
The course of inflation in September and the evolution of the international price of oil in October will be the two crucial variables for the ECB's decisions on interest rates at the end of next month. The dilemma for the ECB is whether to proceed with a new increase in interest rates at the next meeting of ... More www.ertnews.gr
The ECB is due to decide on interest rates at the end of October, with September inflation and oil prices as key factors. It is considering a rate hike or waiting for more data until December.
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