Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official SaysInterest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than previously expected inflation in Europe ahead. ‘We Have No Choice But […]

Go to Source

Powered by WPeMatico

ECB Vice President States Crypto Should Be Regulated Like Other Assets

ECBEuropean Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in a presentation given as part of the summer courses offered by the European Parliament, where De Guindos declared his opinion about cryptocurrency regulation. ECB Vice […]

Go to Source

Powered by WPeMatico