The ECB also decided to keep the cost of money stable after a similar decision by the Fed yesterday evening. The rate on main refinancing remains unchanged at 4.50%, that on deposits at 4%, and that on marginal loans at 4.75%. . It is the second consecutive pause in the cycle of increases that began … Read more
The ECB also decided to keep the cost of money stable after a similar decision by the Fed yesterday evening. The rate on main refinancing remains unchanged at 4.50%, that on deposits at 4%, and that on marginal loans at 4.75%. . It is the second consecutive pause in the cycle of increases that began … Read more
The governor of the Bank of France and member of the ECB board, Francois Villeroy de Galhau, believes that the European Central Bank has concluded its bullish cycle. “Today I think there is no reason for a further rate hike,” he said in an interview with Handelsblatt. “There’s a lot of debate about peaking rates: … Read more