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ECB's Knot: Outlook for rate policy after July is unclear

Policy will become more data dependent after rate hikes in June and JulyShould not hesitate to keep raising rates if inflation stays highUpward risks to inflation are expected to dominate policy in years to comePeak interest rates will have to be maintained for a long time to keep inflation in checkKnot is one of the more hawkish members but if there are signs that tighter financial conditions are impacting the economy (credit crunch, anyone?), surely they will relent on being too aggressive... Read More

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Content Topics

Ecb

Knot

Outlook

Rate

Policy

After

July

Unclear

Forex

Posted: Jun 7 2023, 10:31

Author Name: forexlive

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