ECB interest rate hikes must persist into next year, says official ...Qatar

European Central Bank (ECB) Governing Council member Martins Kazaks said interest rates should be raised beyond year-end - a time when economists increasingly expect the eurozone to be in the midst of a recession. The reason for the prolonged hawkish stance, according to the Latvian official, is that elevated inflation is likely to persist despite a downturn. He backs a hike of 75 basis points this month and another 50 or 75 at the final meeting of 2022 in December, depending on data and the outlook for prices. “Given the current trend, I don’t see any need to pause after that,” Kazaks said in an interview in Washington. “The pace could slow down somewhat, and I would say that we start to

Read More Details
Finally We wish PressBee provided you with enough information of ( ECB interest rate hikes must persist into next year, says official )

Also on site :

Beloved brand ends controversial 50 cent fee on popular breakfast staple as it gets ahead of Waffle House
Wimbledon: Naomi Osaka loses to Anastasia Pavlyuchenkova in the 3rd round
Should You Expect USPS Mail Delivery on July 4th?

ECB interest rate hikes must persist into next year, says official ...Qatar

Real Madrid vs Borussia Dortmund: FIFA Club World Cup – team news, start

Two men are in custody in connection with pair of armed robberies in Santa Maria

‘Busiest week of the year’ for local water sports businesses around July 4th

Woman accused of hitting and killing a 3-year-old with her car as she was leaving a firework show did not have a license, cops say

Civilians killed in strikes on Donetsk with US-made weapons (VIDEO)

PGA Tour Pro Backs Max Homa in Social Media Feud, Predicts Comeback

LAFC enters pivotal stretch amid injuries, packed slate

Fourth of July: Top 9 American Golf Performances on Independence Day

Lana Del Rey’s Wembley Stadium concert will live long in the memory

Oasis Launch Reunion Tour with First Concert in 16 Years: Setlist + Video

Cubs set franchise record with 8 home runs in win over Cardinals

Reality TV Starlet Soaks Up the 4th of July in American Flag Bikini

Rockies Reinstate Ryan Feltner From 60-Day IL, Outright Sam Hilliard

Tiger Woods and Vanessa Trump ‘are wedding bells serious’ as smitten couple’s relationship takes major step forward

Tropical Depression Three forms off the Southeast Coast