Will Banking Disruptions Derail the ECB’s Anti-Inflation Effort?
The latest data from Eurostat showed convincing progress against inflation in the eurozone, with the headline rate for March falling to 6.9% — significantly lower than February’s reading of 8.5%. It appeared a foregone conclusion the ECB would continue its…
The latest data from Eurostat showed convincing progress against inflation in the eurozone, with the headline rate for March falling to 6.9% — significantly lower than February’s reading of 8.5%. It appeared a foregone conclusion the ECB would continue its monetary tightening, until the unexpected wildcard of March’s banking system turmoil. Will these disruptions derail the ECB’s rate-hike path? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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