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9th Sep 2022 16:28Eurozone, Daily Monitor

  • No one knows how the EZ economy will respond to a 250-to-300bp increase in interest rates.
  • But the ECB is not necessarily making a policy mistake; the surge in inflation can’t be ignored.
  • Sustained fiscal stimulus and a resilient labour market offer hope that the ECB will get away with it.

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ECB euribor fiscal stimulus governing council government inflation outlook interest rate interest rates July labour monetary policy mortgage negative rates policy policy rates policymakers q1 refinancing wall street journal

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Keywords for: 13 Sept 2022 Eurozone Monitor

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