ECB Vice-President Discusses European Economy, Inflation, and Monetary Policy in Interviews on Nostr: ECB Vice-President Discusses European Economy, Inflation, and Monetary Policy in ...
ECB Vice-President Discusses European Economy, Inflation, and Monetary Policy in Interviews
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#bd49244a ver:0.35
The European Central Bank (ECB) is facing a challenging balancing act in 2024 as it tries to prevent inflation while also stimulating the slowing EU economy. The Euro has returned to 2024 lows against the Pound, largely due to poor economic data and the pressure on the ECB to cut rates. The US dollar has remained strong, but the Euro has weakened. ECB board member Isabel Schnabel has warned about persistent inflation and the need to contain second-round effects. The EU economy, particularly Germany, has been stagnant, and the ECB's restrictive rate policy has contributed to the weak data. As inflation comes under control, pressure may mount for the ECB to ease rates. In an interview with Naftemporiki, Luis de Guindos, Vice-President of the ECB, discussed the current state of the European e...
#newstr #Ecb #Inflation #MonetaryPolicy #Wages #Productivity #InterestRates #EuropeanEconomy #FiscalConsolidation #China #MiddleEast #EuropeanIntegration
https://here.news/story/bd49244a?ver=0.35
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#bd49244a ver:0.35
The European Central Bank (ECB) is facing a challenging balancing act in 2024 as it tries to prevent inflation while also stimulating the slowing EU economy. The Euro has returned to 2024 lows against the Pound, largely due to poor economic data and the pressure on the ECB to cut rates. The US dollar has remained strong, but the Euro has weakened. ECB board member Isabel Schnabel has warned about persistent inflation and the need to contain second-round effects. The EU economy, particularly Germany, has been stagnant, and the ECB's restrictive rate policy has contributed to the weak data. As inflation comes under control, pressure may mount for the ECB to ease rates. In an interview with Naftemporiki, Luis de Guindos, Vice-President of the ECB, discussed the current state of the European e...
#newstr #Ecb #Inflation #MonetaryPolicy #Wages #Productivity #InterestRates #EuropeanEconomy #FiscalConsolidation #China #MiddleEast #EuropeanIntegration
https://here.news/story/bd49244a?ver=0.35