ECB's Herodotou: No forgone conclusion on final level of interest rate – by eren_fxstreet ECB CentralBanks
Market reactionpreserves its recovery momentum following these comments. As of writing, the pair was trading at 1.0015, where it was up 0.5% on a daily basis. Meanwhile, the Euro Stoxx 600 Index is down 0.4% on the day, pointing to a cautious market mood.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Cracks $22,000 — But Doubts Over How Long This Rally Will Last | CoinMarketCapConcerns over inflation, interest rates and the threat of a recession haven't subsided.
Read more »
Thailand Is Optimistic It Has Room to Slow Rate Hikes, But One Economist Says It's a GambleThailand’s finance minister says his country is in no hurry to raise rates in order to narrow its gap with rising U.S. interest rates, but not all economists agree with the move.
Read more »
Fed set for another 75-basis-point rate hike; early pivot unlikely – Reuters pollFed set for another 75-basis-point rate hike; early pivot unlikely – Reuters poll – by anilpanchal7 Fed SentimentPoll RiskAppetite DollarIndex Inflation
Read more »
Only four metro areas top Dallas-Fort Worth for inflation severityThe government’s next read on D-FW’s inflation rate comes on Oct. 13, well after the Federal Reserve is expected to raise interest rates.
Read more »
Stocks plummet. Dow drops nearly 1,300 points after worrying inflation data | WNYC | New York Public Radio, Podcasts, Live Streaming Radio, NewsAll three indexes fell after worse-than-expected inflation data raised expectations the Fed will need to continue raising interest rates aggressively to bring prices under control.
Read more »