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Weekend: ECB Vice President de Guindos said interest rate hikes are in their final stretch

Weekend: ECB Vice President de Guindos said interest rate hikes are in their final stretch
European Central Bank Vice President Luis de Guindos spoke with an Italian newspaper over the weekend. Text is here:Interview with Il Sole 24 OreMain point summary:"We have now entered the home stretch of our monetary policy tightening path," "And that’s why we are returning to normality, to 25 basis-point steps." ---The background to his comments on slowing the pace of hikes is that the ECB has raised rates by a combined 375 basis points since last July. The ECB says more hikes are coming, but... Read More
Posted: May 14 2023, 23:19
Author Name: forexlive
Views: 102515

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