A.E.M.A.

ECB starts to plot course for interest rate rise from June

The European Central Bank (ECJ) should use its June meeting to start building the case for unwinding its monetary stimulus before making a more formal announcement in the autumn, according to Governing Council member Vitas Vasiliauskas.

When and how the ECB can wean markets off cheap monetary financing, and ultimately raise interest rates, is becoming an increasingly pressing issue.

The ECB should say the risks to the euro area's economic growth are now balanced, and consider changing its forward guidance to reflect that it's more likely to tighten than ease monetary policy, the Lithuanian central-bank governor said in an interview on Thursday.

Irish Independent View Full Article





Latest Quotes...

The option of selling the property and discharging the debt is not an option for those who find themselves in difficulty..

Trevor Grant, A.E.M.A.

A.E.M.A across the Web

mortgages
mortgage advisers
ireland mortgages