To rise or not to rise? ECB announces interest rate update

If growth and inflation in the eurozone continue their upward trend, rate hikes must surely follow

10th June, 2018
2
Central Bank chief also a contender for ECB chief economist role. Pic: Getty

The ECB will announce its updated interest rate on Thursday, June 14. For four years, the ECB has supported the European economy with policies of negative rates and quantitative easing (QE). This monetary medicine has worked, helping eurozone unemployment fall from 11.5 per cent to 8.5 per cent over this period with about 7 million jobs created.

Should its forecasts confirm that growth remains above trend, spare capacity is being eroded and inflation is on track to reach target,...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

EY reports €393m revenues in Republic of Ireland for 2021 financial year

Content is king – just ask Netflix as rivals attempt to steal its crown

Tom Maguire: Tax changes we make now could help business for years