ECB’s Kazimir: bank’s priority is monetary policy normalisation By Reuters
Economy 1 hour ago (Sep 09, 2022 08:15)
© Reuters. Slovakia’s Finance Minister Peter Kazimir attends the Asian Financial Forum in Hong Kong, China January 15, 2018. REUTERS/Bobby Yip
(Reuters) – The European Central Bank’s priority is to focus on monetary policy normalisation as inflation in the euro zone has been unacceptably high, ECB policymaker Peter Kazimir said on Friday.
His comments follow the ECB’s decision to hike rates by an unprecedented 75 basis points on Thursday, which Kazimir said was “inevitable and right”.
ECB’s Kazimir: bank’s priority is monetary policy normalisation
By Kate Abnett BRUSSELS (Reuters) – European Union energy ministers met on Friday to seek agreement on ways to shield citizens from sky-high energy prices and prevent power…
By Jan Strupczewski and Jason Hovet
PRAGUE (Reuters) – France and Germany pledged on Friday to act together to protect households and companies from soaring energy prices, while…
By Carolyn Cohn and Stella Qiu LONDON/SYDNEY (Reuters) – The euro rose back above parity to a two-week high against the dollar on Friday following a large rate hike and hawkish…
© 2007-2022 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.