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Macro - Weekly Briefings - Eurozone

Publisher Oxford Economics
Published Jun 10, 2022
Length 5 Pages
SKU # OFE17263072

Description

Macro - Weekly Briefings - Eurozone

After months (even years) of debates and swings, the ECB effectively embarked this week on a tightening cycle to fight "undesirably elevated" inflation. Although the announcement was widely expected, it still marks the end of an era. Net asset purchases, which started in mid-2014, will end by the end of this month and the monetary policy rate will be hiked by at least 25bps in July – the first increase in eleven years. The ECB stated that it will follow a "gradual but sustained path" of further increases.

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5 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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