ECB’s Villeroy: Upcoming meeting decisions will be entirely data driven

[ad_1] Need to be pragmatic and keep an open mind Perseverance is now key given the time needed for full transmission of policy French inflation is falling even without a recession Our growing confidence in inflation moving towards the 2% target is based on good transmission of policy Well, I’d like to chip in by

Lukewarm Reaction to Fed Meeting

[ad_1] In a widely expected move, the Federal Reserve (Fed) hiked its policy interest rate by 25 basis-point (bp) to the 5.25%-5.5% range and left the door open for another hike in September. But given that Fed Chair Jerome Powell also guided for rate decisions to be on a “meeting-by-meeting” basis, additional tightening moves still