European Central Bank rate hike

ECB Rates Lifted Again but Signal Made that New Levels May Represent the Peak

September 14, 2023

Today’s scheduled Governing Council meeting was one of the four times each year that macroeconomic forecasts were updated. The 25-basis point increase was the tenth straight meeting dating back to July 2022 that resulted in an interest rate hike. The bank is also engaged in balance sheet reduction, and those parameters were not modified. The […] More