The European Central Bank (ECB) is deciding on its next monetary move on Thursday 7 April at 11:45 GMT. This time around the market is pricing in the first interest rate hike following the financial crisis three years ago.
During the last interest rate meeting ECB President Jean Claude Trichet expressed the central bank’s growing concerns on higher price levels. Trichet said that ‘strong vigilance’ is needed indicating a rate hike as soon as April. Consumer Price Index revealed a higher than expected 2.6% gain in March adding to the expectations …
During the last interest rate meeting ECB President Jean Claude Trichet expressed the central bank’s growing concerns on higher price levels. Trichet said that ‘strong vigilance’ is needed indicating a rate hike as soon as April. Consumer Price Index revealed a higher than expected 2.6% gain in March adding to the expectations …
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