Today news
About the same in other media
European Central Bank stands firm as it holds interest rates at 3.75%
Reading now: 703
In a press conference today (18 July), the central bank's president Christine Lagarde said the decision to hold rates was «unanimous». Despite the ECB's decision to cut rates in June, Lagarde has repeatedly made the case that the first cut was not a catalyst for frequent further trimming. At the ECB forum of central banking on 1 July, Lagarde said «it will take time for us to gather sufficient data to be certain that the risks of above-target inflation have passed». Fed postpones rate cut until 'greater confidence' in sustainable inflation levels In today's announcement, the E...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Fed holds interest rates steady at 23-year high, but opens the door to reducing rates foxbusiness.com /4 months ago
Major central bank may hold rates amid stubborn inflation investmentnews.com /4 months ago
Stubborn inflation ticks up to annual 2.6% in Europe as central bank weighs next interest rate move abcnews.go.com /4 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
