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Chile Central Bank Says Some Members Floated Rate Hike in March
Chile's central bank said on Wednesday that several board members put forward the idea of a quarter-point interest rate hike at their last policy decision, as the Middle East war stokes ...
European Central Bank Member: No Rush to Hike Interest Rates
The European Central Bank should not rush to raise rates in response to surging energy costs, as its "baseline" outlook remains intact and there is no sign yet that inflation is becoming entrenched, Cypriot central bank chief Christodoulos Patsalides said. With energy prices surging on the US-Israeli war with Iran, euro zone inflation is set to breach the ECB's 2% target as early as this ...
ECB should not rush to hike rates as baseline still holds, Patsalides ...
FRANKFURT, March 27 (Reuters) - The European Central Bank should not rush to raise rates in response to surging energy costs, as its "baseline" outlook remains intact and there is no sign yet that inflation is becoming entrenched, Cypriot central bank chief Christodoulos Patsalides said. With energy prices surging on the U.S.-Israeli war with Iran, euro zone inflation is set to breach ...
Eurozone inflation jumps to 2.5% amid Iran war: Will ECB hike rates?
Then came the Iran war. Eurozone annual inflation surged to 2.5% in March, up sharply from 1.9% in February, according to a flash estimate published by Eurostat on Tuesday. The reading came in ...
