ECB Hike Signals That Energy Shock Is No Longer Short Term — Market Talk
The European Central Bank deciding to hike interest rates again, as expected, is a sign that inflation pressures have become structural, Joe Nellis at MHA says in a note. "The ECB has decided that the European — and global — economy is no longer facing merely a short-term inflation shock." Rates st…
Story updates
12:51:19 PM UTC
SquawkNews
The European Central Bank could be set to raise interest rates even further following Thursday's hike, Kamil Kovar at Moody's Analytics says. The central bank wasn't clear whether it would raise rates again later this year, but an upward revision to 2027-28 inflation forecasts has emphasized the sc…
The European Central Bank deciding to hike interest rates again, as expected, is a sign that inflation pressures have become structural, Joe Nellis at MHA says in a note. " Rates st…