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ECB's Villeroy: Primary question today is not how much further to hike rates.

ECB's Villeroy: Primary question today is not how much further to hike rates.
Primary question today is not how much further to hike rates, but how large the pass-through of what is already in the pipeIn current tightening cycle, the lag in policy transmission may be at the upper end of 1 – 2 year range. I expect today that we will be at the terminal rate not later than SeptemberThe acceleration in rate increases from 50 basis points to 25 basis points was wise and cautiousWe need to monitor the pass-through of our substantial and exceptional rapid past hikesHow long we m... Read More
Posted: May 22 2023, 14:46
Author Name: forexlive
Views: 111676

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