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ECB's Panetta: We must not be too quick to raise interest rates

ECB's Panetta: We must not be too quick to raise interest rates
We haven't reached our final destination yetBut we are not far from itDebate will soon shift from level of interest rates to that of maintaining them over timeWe need to curb inflation without having too negative an impact on the economyI'm guessing he's alluding to the notion as to why they aren't just going to raise rates by 50 bps this month instead. But the overall tone of his message is similar to what we have heard during the week from his colleagues. This article was writ... Read More
Posted: Jun 2 2023, 08:19
Author Name: forexlive
Views: 081337

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