European Central
Economists at Nordea Bank shared their views on the expectations of the European Central Bank’s monetary policy decisions, after the minutes of the bank’s meeting results were released during last July, as experts saw that the results of the meeting did not provide much guidance on what the European Central Bank would do at its meeting in September.
Experts at the European Bank explained that the recent European data since the July meeting were weak, while inflation proved stable, and in fact, the risks of stagflation were indicated twice in the account, as a few of the most hawkish board members spoke in favor of raising interest rates once. other recently.
Nordea Bank economists continued to be enthusiastic about their earlier and long-held predictions that interest rates peaked at 3.75%, and that the European Central Bank would stop raising interest rates in September, while retaining a dovish bias. In the future, between those who support raising interest rates and those who want to keep interest rates unchanged at the European Central Bank meeting in September.
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The most important items of the minutes of the European Central Bank meeting – July 2023
2023-08-31 16:09:50
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