Currency moves complicate ECB's decision

Currency moves complicate ECB's decision
European Central Bank building in Frankfurt

The fact that an interest rate rise is unlikely until 2018 is the key consideration for Ireland, writes Constantin Gurdgiev

Today’s ECB Governing Council meeting is important for three key reasons.

Firstly, the meeting is one of only four council deliberations each year that presents new Staff Economic Projections (SEP) - the basic summary of key statistics and forecasts on which ECB policy decisions rest.

The new update will have to take into the account quite a lot in terms of new data. The improving outlook for global and euro area growth (with euro...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post