Yubi Daily Wrap

Macro updates

European Central Bank Governing Council Member Constantinos Herodotou said that the ECB will raise borrowing cost again, though interest rates are now close to the level where monetary policy is neither expansionary nor restrictive. Additionally, ECB’s chief economist  Philip Lane said consumer-price growth is probably near its zenith, while acknowledging that borrowing costs will be raised again.

December 7, 2022

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