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Bundesbank President Signals Potential Interest Rate Hike

Bluesky Social Frankfurt 18d11d Impact 8

The European Central Bank is projected to hold its deposit rate on April 30 but may implement a rate hike in June. The Eurozone economy grew by only 0.1 percent recently. Analysts warn that raising rates could stifle weak economic growth. Goods and services prices in the Eurozone rose by 3 percent in April. The council has decided not to take immediate action but remains prepared to manage current uncertainties. Standard Chartered Bank expects the European Central Bank to increase interest rates by 25 basis points in June. This follows a period of debate regarding whether to act during the current cycle. Policymakers in Frankfurt and London have also signaled a shift in mood, with rate hikes under consideration as soon as next month. Analysts believe the next six weeks will be a critical period to assess economic developments.

The European Central Bank is projected to hold its deposit rate on April 30 but may implement a rate hike in June. The Eurozone economy grew by only 0.1 percent recently. Analysts warn that raising rates could stifle weak economic growth. Goods and services prices in the Eurozone rose by 3 percent in April. The council has decided not to take immediate action but remains prepared to manage current uncertainties. Standard Chartered Bank expects the European Central Bank to increase interest rates by 25 basis points in June. This follows a period of debate regarding whether to act during the current cycle. Policymakers in Frankfurt and London have also signaled a shift in mood, with rate hikes under consideration as soon as next month. Analysts believe the next six weeks will be a critical period to assess economic developments. Bundesbank President Joachim Nagel stated that a European Central Bank interest rate increase in June is necessary if the economic situation does not change. Nagel noted that inflation outlooks have developed more unfavorably than they had in March. The comments come as the economic landscape remains uncertain.

Topics

monetary policy inflation

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Sources · 7 independent

Bluesky Social

“The European Central Bank will hold its deposit rate on April 30 but hike it in June, according to...”

Radio Radicale

“la guard e gli altri governatori della BCS rispondere subito all'impennata dei prezzi, non solo dell'energia, ma anche delle materie prime, per limitare l'inflazione oppure rinviare tutto a giugno”

SWR Aktuell

“Das alles lässt ja gerade die Inflation steigen und mehr und mehr Verbraucher erwarten. Deswegen steigende Preise in der Zukunft. Wenn die Inflation steigt, dann ist ja eine Möglichkeit mit steigenden Zinsen dagegen zu steuern.”

SWR Aktuell

“Dass es am Donnerstag schon einen Zinsschritt gibt, gilt als unwahrscheinlich. Vielleicht im Juni dann. Die EZB hat ja oft eine sehr ruhige Hand und schaut sich erst mal die gesamte Lage an, wie sich das entwickelt.”

COPE

“analistas ya hablan de dos subidas de aquí a final de año, de cuarto de punto cada una, la primera podría llegar en la reunión de junio.”

COPE

“el mensaje que nos deje Cristín Lagar, el Banco Central de Euró. y se espera que suban... los expertos hablan no solo de junio, sino de dos subidas de aquí a final de año, de un cuarto de punto cada una”

COPE

“se espera que suban, estábamos librados, y los expertos hablan no solo de junio, sino de dos subidas de aquí a final de año, de un cuarto de punto cada una”

COPE

“los expertos hablan no solo de junio, sino de dos subidas de aquí a final de año, de un cuarto de punto cada una, la primera sería esa, la del mes de junio”

Antena 1 RTP HLS

“o Banco Central Europeu decidirão alterar a taxa de juros de depósitos que se mantém nos dois por cento desde junho do ano passado, mas a presidente do BCE, Cristina Lagarde, avisa que em junho a situação pode mudar.”

RTP Antena 1

“o presidente do BCE, Cristina Lagar, avisa que em junho a situação pode mudar.”

Cadena SER

“El Banco Central Europeo preparará el camino para esa subida de tipos en junio. Su presidente Cristian Lagarde dice que hoy era demasiado pronto para tomar esa decisión.”

Antena 1 RTP HLS

“Christine Lagarde admits no entanto que se o atual cenário de instabilidade se mantiver, a Alexandra Sofia Costa, em junho os juros podem mesmo voltar a subir.”

hr-iNFO

“Ob es bei der nächsten Zinssitzung im Juni soweit ist, lässt Christine Lagarde offen. Die Unsicherheit in Folge des Krieges sei einfach zu hoch.”

COPE

“the ECB President... said, we are going to wait a little longer, although we know that prices are rising... we are going to see how this evolves in the next six weeks until the next meeting which will be in June.”

hr-iNFO

“Beobachter erwarten spätestens im Juni einen Zinsschritt nach oben. Dadurch würden Kredite für Firmenteurer die EZB könnte damit das schwache Wirtschaftswachstum abwürgen.”

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