Frankfurt When ECB President Christine Lagarde announced a 0.75 percentage point hike in interest rates in September, one point was important to her. This is not the norm, she clarified. After all, the European Central Bank (ECB) had never raised interest rates so sharply in one fell swoop.
The central bank could now add the same amount just under six weeks later. At least that’s what most economists expect ahead of Thursday’s council meeting.
In addition to interest rates, there are other topics that are likely to cause debate. The ECB could also limit banks’ profits from a long-term loan program. In addition, Christine Lagarde may give further indications as to when the central bank will reduce its bond portfolio. The Handelsblatt summarizes the three points that matter this Thursday:
1. How much will the ECB raise interest rates?
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue