However, investors must consider the sub-components, including prices. Higher input and output price trends would reduce expectations of a September ECB rate cut. The ECB is concerned more about inflation…
Day: July 21, 2024
Lagos to charge vehicles parked outside churches per hour
The Lagos State Parking Authority (LASPA) has announced that church members will be charged for vehicles parked on designated streets per hour. LASPA disclosed this in a letter to the…
Bitcoin price today: flat at $64k with focus on Mt Gox, US politics
Investing.com– Bitcoin price fell marginally on Friday as a recent rebound in crypto markets ran out of steam, with focus remaining on distributions from defunct exchange Mt Gox and more…
ECB Maintains Rates as Core Inflation Stubbornly Persists
ECB’s Stance on Monetary Policy The ECB’s Governing Council emphasized that current monetary policy continues to enforce restrictive financing conditions. They noted that domestic price pressures remain high, particularly in…