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ECB’s Stournaras cautions against hasty monetary tightening amid rising geopolitical risks

ECB’s Stournaras cautions against hasty monetary tightening amid rising geopolitical risks
ECB Governing Council member Yannis Stournaras emphasized caution against tightening monetary policy further today. He noted borrowing costs had already risen since the ECB’s last policy meeting as a result of higher bond yields. Furthermore, given that minimum reserves are not subject to remuneration, the total interest dispensed by the 20 Eurozone central banks to […] The post ECB’s Stournaras cautions against hasty monetary tightening amid rising geopolitical risks appeared first on Action F... Read More
Posted: Oct 12 2023, 09:22
Author Name: actionforex
Views: 112835

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