ECB’s Escriva: It's very unlikely that we will touch rates at the next meeting
Source Fxstreet
In an interview with the regional Catalan TV3 television on Friday, European Central Bank (ECB) policymaker Jose Luis Escriva commented on the monetary policy outlook in the face of the ongoing Middle East conflict.
Key quotes
With the information I have, I think it's very unlikely that we will touch rates at the next meeting.
We can already take it for granted that there will be effects" from the war.
Our inflation target of 2% is a medium-term horizon, transitory movements should not necessarily lead us to make decisions. Instead, we must monitor the situation and assess to what extent this is having more persistent effects over time.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Bitcoin rose about 12% after the Iran strike, while gold dippedThe global crypto market printed green following geopolitical tensions escalating in the Middle East. However, this rally managed to revive a long-running debate over a true safe-haven asset. Eric Balchunas noted that Bitcoin has climbed about 12% since the Iran strike, while gold prices have moved lower over the same period. Investors’ sentiment for digital […]
The global crypto market printed green following geopolitical tensions escalating in the Middle East. However, this rally managed to revive a long-running debate over a true safe-haven asset. Eric Balchunas noted that Bitcoin has climbed about 12% since the Iran strike, while gold prices have moved lower over the same period. Investors’ sentiment for digital […]
Tech cloud stocks rally to new highs despite Dow plunge and oil spike tied to Israel's warCloud and software stock names were the rare green on Thursday, while the wider market sank. The WisdomTree Cloud Computing Fund (WCLD) rose 2.7%, setting up its best session since April 24, when it jumped 4.7%. Traders kept buying cloud tickers even as oil ripped and the main indexes slid hard. The broader stock drop […]
Cloud and software stock names were the rare green on Thursday, while the wider market sank. The WisdomTree Cloud Computing Fund (WCLD) rose 2.7%, setting up its best session since April 24, when it jumped 4.7%. Traders kept buying cloud tickers even as oil ripped and the main indexes slid hard. The broader stock drop […]
Publicly traded miners sold over 15,000 Bitcoins after the October 2025 market crash, ending the HODLing trend.
Gold (XAU/USD) has pulled back over 7% from its all-time high near $5,590, but continues to trade above $5,160 — holding up significantly better than stock market plays and even Bitcoin in the month-o
Pi Coin has recently seen a 16% rally, trading at $0.199, inching closer to the $0.200 threshold. This short-term recovery has sparked optimism. However, there are underlying bearish cues suggesting t
Related Instrument
