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Monetary policy decisions
The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed its previous assessment of the medium-term inflation outlook. Inflation is still expected to stay too high for too long, and domestic price pressures remain strong. At the same time, inflation dropped markedly in September, including due to strong base effects, and most measures of underlying inflation have continued to ease. The Governing Council’s past interest rate increases continue to be transmitted forcefully into financing conditions. This is increasingly dampening demand and ... (full story)
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ECB: Will Continue to Follow a Data-Dependent Approach
— *seven (@sevenloI) October 26, 2023
*ECB: Rate Level Will Contribute Substantially to Reaching 2%
*ECB: Inflation is Still Expected to Stay Too High for Too Long
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— *Walter Bloomberg (@DeItaone) October 26, 2023
ECB: RATES WILL BE KEPT AT SUFFICIENTLY RESTRICTIVE LEVELS FOR AS LONG AS NEEDED
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— Christophe Barraud #ECB: INCOMING INFORMATION BROADLY CONFIRMED PREVIOUS ASSESSMENT - BBG
*ECB TO ENSURE FUTURE PEPP ROLLOFFS WON'T INTERFERE WITH STANCE
*ECB: INFLATION DROPPED MARKEDLY IN SEPTEMBER
*ECB: MOST UNDERLYING INFLATION MEASURES HAVE CONTINUED TO EASE
*ECB: WILL CONTINUE TO FOLLOW…
(@C_Barraud) October 26, 2023
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