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Euro Rallies after ECB Raises Rates and Inflation Forecasts

It was mostly a good day for the global markets, except for Europe, which saw the European Central Bank (ECB) expectedly raise interest rates by 25bp, but unexpectedly raised inflation forecast, as well. European policymakers now expect core inflation to average past the 5% mark, while in March projection this forecast was only at around […] The post Euro Rallies after ECB Raises Rates and Inflation Forecasts appeared first on Action Forex... Read More

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Posted: Jun 16 2023, 07:09

Author Name: actionforex

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