We feel that the ECB should take inflation by the scruff of the neck and raise rates by a half percentage point,
This is perhaps the closest any Fed official has come to suggesting the peak on rates for now.
The ECB is in a no-win situation. If it cuts rates it will be accused of taking risks with inflation, and if it doesn't cut rates, it will be accused of not caring about growth. It's boxed in.
The ECB needs to raise interest rates to stop a big slide in the euro, ... We doubt the German economy will slow down as is predicted.
The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.