简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The European Central Bank says a rate hike may take longer than expected.
The European Central Bank says a rate hike may take longer than expected.
This announcement was made by Central Bank (ECB) policymaker Peter Kasimir on Monday sayimg that the ECB may have to raise interest rates longer than expected and that September could be. The earliest time a policy maker can determine whether Are recent interest rate hikes effective?
The ECB has raised interest rates seven times in a row to deal with record highs in consumer prices, the report said. And policy makers have signaled that interest rates will continue to be raised. While inflationary pressures continued to rise.
Nevertheless, the ECB raised interest rates at a slower rate of 0.25% last week. It was the lowest rate hike since the tightening of monetary policy began in July last year, with the ECB arguing that recent policy rate hikes are starting to hurt the economy. It takes time to assess whether it will help drag down inflation or not. and overall inflation has peaked.
Mr Casimir said in a weblog that “Considering last week's data, We need to raise interest rates longer than expected. By raising only 0.25%, it is a step that allows us to gradually raise interest rates for longer. if necessary”
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Federal Reserve Cuts Rates for the First Time in Four Years. On September 18, Bank of America Global Research revealed an upward adjustment in its forecast, expecting the Federal Reserve to implement a total of 75 basis points in rate cuts by year-end.
The Federal Reserve’s decisions to raise or cut interest rates are among the most influential drivers of market activity, particularly in the forex and cryptocurrency markets. Understanding the impact of rate changes is crucial for market participants, as it helps them anticipate potential movements and adjust their strategies accordingly.
Recent reports indicate that following a reduction in gold import duties this summer, there has been a significant surge in consumer demand for gold jewelry and bars in India, driving global gold prices to unprecedented levels.
TMGM expanded its collaboration with Chelsea Football Club by organizing an exclusive VIP event at the club's world-class Cobham Training Centre.