ECB’s Kazaks: We are committed to our target of 2% and we shall deliver it

The European Central Bank (ECB) Governing Council member Martins Kazaks said on Wednesday, ‘we are committed to our target of 2% and we shall deliver it.”

“Our current outlook forecasts that we will achieve it in the second half of 2025. We are very clear on our target and of course we are determined and we shall reach it,” Kazaks added.

Nov 8, 2023

BoE: Rate cuts seem a little more likely – Commerzbank

Since the start of the week, Sterling has been depreciating.

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Nov 8, 2023

ECB’s Makhlouf: Impact of inflation, monetary tightening on borrower resilience are becoming visible

European Central Bank (ECB) policymaker Gabriel Makhlouf said on Wednesday, “early signals of the impact of inflation and monetary tightening on borrower resilience are becoming visible among Tracker mortgages, personal loans and certain corporate lending segments.” "Having said that there is huge uncertainty as to what lies ahead.

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