Forex
globalreutersJanuary 17, 20251 Mins read
ECBs Elderson: If we lower the interest rate too fast, service inflation could rise
globalreutersJanuary 17, 20251 Mins read ECB’s Elderson is lamenting and saying:
- If we lower the interest rate to quickly, darling down services inflation sufficiently could become complicated.
- If we keep interest rates too high for too long, then we risk undershooting our target.
What do we do? ECB is expected to cut rates at its next meeting
This article was written by Greg Michalowski at www.forexlive.com.
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