Economic news
ECB rates will vary depending on the situation
2022.11.28 10:58
ECB rates will vary depending on the situation
Budrigannews.com – The President of the European Central Bank, Christine Lagarde, said on Monday that various factors will determine the size and timing of the subsequent increase in the Central Bank’s interest rate.
“Lagarde told the European Parliament: “”Our forecast for the future, the persistence of the crisis, the reaction to wages and inflation expectations and the assessment of our political path will be based on how far we need to move and how quickly we need to achieve this.”
” The financial sponsor hypothesized that the ECB will increase the interest rate by 50 and 75 at the next meeting, and at what level will be the maximum profitability of the acquisition.
