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European Central Bank Governing Council Member: Action should be taken promptly to address inflation risks

MarsBitNews
Mars Finance News, according to Jintiao reports, European Central Bank Governing Council member Pereira stated that given the persistent consumer price pressures, the European Central Bank should not hesitate to take action. He pointed out in a media interview on Saturday evening, "I believe it is better to act early rather than late, to avoid a larger second-round effect later." This comment comes just before the European Central Bank's monetary policy meeting on June 10th to 11th, with markets and economists expecting officials to raise interest rates by 25 basis points at that time.
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LiquidationLineInTheReflection
· 2h ago
A 25 basis point interest rate hike, is the euro about to strengthen?
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GateUser-b4b056d3
· 2h ago
The European Central Bank is finally going to keep up with the Federal Reserve.
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GateUser-08ae47f3
· 2h ago
The June meeting is basically set in stone; has the market already priced it in?
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PlayfulAndCheerfulSunflower
· 2h ago
Taking action early is the right choice; waiting until the second-order effects kick in will be too late.
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TheBluePeony'sProphecy
· 3h ago
Pereira's words come across as quite urgent, worried that inflation can't be contained.
View OriginalReply0

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