
ECB Debates Rate Hikes Amid Inflation Concerns, With Calls to Avoid Rushing
The ECB is considering interest rate hikes if surging energy prices lead to broader inflation, though Cypriot central bank chief Patsalides and others warn against rushing such decisions, emphasizing that the baseline economic outlook still holds.
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ECB should not rush to hike rates as baseline still holds, Patsalides says - Reuters
ECB should not rush to hike rates as baseline still holds, Patsalides says Reuters
Read full article →Cyprus central bank chief warns ECB against rushing interest rate hikes
The European Central Bank should not rush to raise rates in response to surging energy costs, as its “baseline” outlook remains intact and there is no sign yet that inflation is becoming entrenched, Cypriot central bank chief Christodoulos Patsalides said. With energy prices surging on the US-Israeli war with Iran, euro zone inflation is set […]
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