ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike
The European Central Bank is likely to raise borrowing costs next month for the third time since the Iran war began, Governing Council member Ante Zigman said.
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The European Central Bank is likely to raise borrowing costs next month for the third time since the Iran war began, Governing Council member Ante Zigman said.
The European Central Bank will likely have to continue with a hawkish stance and be wary of inflation shocks, according to Klaas Knot, who is one of the frontrunners to succeed President Christine Lagarde.
Sweden’s central bank raised borrowing costs and opened the door to another move, acting to tame inflation stoked by energy costs and a strengthening economy.
European Central Bank President Christine Lagarde called this year’s hot summer a warning that the continent must boost defenses against the financial fallout of global warming and make its energy system more flexible.
Nach den US-Zwischenwahlen ist die Euphorie an den Börsen groß: Der DAX robbt sich immer näher an sein Rekordhoch heran. Hilfreich ist auch der sinkende Ölpreis, der den Inflationsdruck senken könnte.[mehr]
Almost a third of Executive Board members haven’t finished their mandates.
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