The European Central Bank’s Governing Council held all three key rates unchanged at its April 30 meeting, citing upside inflation risks from the Iran war’s energy price shock while flagging downside growth risks from the same source.
Tag: monetary policy
Posted inEconomy
The Fed holds fire and hands the chair to Kevin Warsh
The Federal Open Market Committee voted 8-4 on April 29 to keep rates at 3.5–3.75 percent for a third consecutive meeting, as four dissents running in both directions exposed deep internal disagreement about the direction of the next move.