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ECB reaffirms lagging impact of rate hikes in latest bulletin

However, they retain the view that its policy will have more and a bigger impact to come. Adding that much of it is only to be expected in 2024. Some notes from the latest ECB bulletin:Most of the impact on inflation is expected from 2023 onwardThe impact is expected to peak in 2024Policy tightening is estimated to have lowered inflation by around 50 bps last yearDownward impact on inflation is expected to average around 2% over 2023-25Transmission of rate hikes to economic activity is fasterImp... Read More

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Posted: May 15 2023, 08:07

Author Name: forexlive

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