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E C B Bulletin Concludes Rates Are Still Low

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ECB says interest rates are still low

Thursday, June 15 09:25:29


The European Central Bank said its interest rates remain low even after last week's rate hike.
"Overall, after this increase, the key ECB interest rates are still low by historical standards, liquidity is ample and monetary policy remains accommodative," the ECB said in its June monthly bulletin.
The central bank said eurozone inflation is likely to remain above 2pc this year and next, and there are risks that it could even overshoot current expectations.

It seems that the hesitancy to raise rates is based on the fragile recovery and overvalued Euro dampening exports. Its the same choice the Fed has to make: inflation or recession.

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  • 339 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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