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ECB Nagel: ECB very likely to raise rates by 25 basis points next week

ECB Nagel: ECB very likely to raise rates by 25 basis points next week
Some news and services are reporting that ECB's Nagel is saying that the central bank is likely to raise rates by 25 basis points next week. The comments mirror earlier ones today:Inflation is a greedy beastIt would be a mistake to ease up on the fight too soon and cut interest rates again prematurelyPractically everyone expects an increase of 25 basis points next weekThe EURUSD is trading up and down today in a relatively modest 44 PIP trading range. The average of the last 22 days is around 70... Read More
Posted: Jul 19 2023, 13:35
Author Name: forexlive
Views: 102279

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