Consensus at the Fed to raise interest rates further has been broken: what will the ECB do with the money rate?



There is no consensus on what path the US Federal Reserve (Fed) should take regarding increases in official interest rates. At their meeting in May they agreed, divided, to a new high of 0.25 points to leave the money rate in the 5-5.25% range. And there the monetary institution can stop, in light of the minutes of the last meeting of the members of the Federal Open Market Committee of the institution. The question is also how this will affect the decisions of the European Central Bank (ECB) and whether it will follow the US path. A level like this hasn’t been reached on the other side of the Atlantic since 2006, just… see more

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