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Back Fundamental analysis
ECB to hardly change interest rates, for now
Despite inflation in the euro area
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Despite inflation in the euro area in March coming in higher than initially reported, which points to added upward pressure on prices from the war with Iran, it appears that the ECB is, for now, not inclined to change interest rates. According to Eurostat, last month's reading was revised up to 2.6 percent from an initial estimate of 2.5 percent. Core inflation stood at 2.3 percent. In March this year, inflation exceeded the European Central Bank's 2 percent target for the first
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Jakub Novak,
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© 2007-2026
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