ECB should not be influenced by Fed's moves, BoG governor says during London interview - "Real wages will only reach pre-pandemic levels in 2025" - What he said about the possibility of interest rates returning below 2 percent
European Central Bank (ECB)
The central bank, as expected, continued to tighten monetary policy
The Governing Council of the ECB today officially gave the green light for the exploratory phase of the project
Austria received orders from investors amounting to 40 billion euros and Greece 25 billion euros for their new 10-year bonds
The two countries were accepted into the ERM-2 mechanism, a preliminary stage for adopting the euro as their currency
The climate is particularly favourable for Greek bonds, whose yields have fallen sharply
The vast majority of economists asked by Bloomberg last week expected the PEPP to increase by 500 billions Euros
"If not all countries are cured, the others will suffer. Solidarity is in fact self-interest"
"The current ordeal could, instead, serve to breathe new life into the idea of Europe", the Prime Minister stated
The central banker said that the country had exceeded goals more than once