ECB signals more aggressive rate increases.

M2 EQUITYBITES-June 13, 2022--ECB signals more aggressive rate increases

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Global Banking News - 13 June 2022

The European Central Bank (ECB) has signalled more aggressive rate increases.

Latest data from Eurostat showed that Euro area inflation had touched a record 8.1 percent in May, up from 7.4 percent the earlier month. Increase in GDP growth, was 0.6 percent in the first quarter, compared to 5.4 percent in the first three months of 2021.

The ECB has substantially upgraded its...

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