governors – DIGIT INFO

Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate

DIGIT — Fri, 14 Apr 2023 07:50:06 +0000

Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases of key interest rates are yet to come. ECB Has Some Hikes Left to […]

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Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

DIGIT — Fri, 07 Apr 2023 17:30:28 +0000

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes in Sight Despite Inflation, but More to Come Before It’s […]

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Why Central Banks Are Not Designed for Democracies

DIGIT — Tue, 29 Oct 2019 00:32:56 +0000

Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks are almost never part of the due democratic process. Also […]

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