Geldpolitik: „Schmerzhaft, aber notwendig": EZB erhöht den Leitzins im Euro-Raum auf 2,5 Prozent
Die Europäische Zentralbank reagiert erneut auf die Folgen des Ölpreisschocks. Investoren erwarten mehr – was sich immer deutlicher an den Anleihemärkten niederschlägt.
Frankfurt, Berlin - The European Central Bank (ECB) has increased interest rates for the second time this year in the Euro area, raising the key rate by a quarter percentage point to 2.5 percent. This decision comes after their external meeting in Berlin on Thursday. According to the bank's decision, inflation is expected to remain significantly above the target for a longer period.
By raising interest rates again, the ECB reaffirms its commitment to curbing price pressures. The rate hike has already been fully priced into the markets, according to financial jargon. However, the press conference with ECB President Christine Lagarde could provide market movement. Investors are hoping for clues on the further course of interest rates during her speech at 14:45 UTC.
The main indicators, they expect, could be revealed live on their website. Market participants are increasingly betting on the ECB potentially raising rates again in December and then in the spring. The main reason is the energy crisis: The Brent crude oil price rose to over 100 dollars per barrel for the first time since May this week. Gas prices have also doubled since the Iran war due to concerns over a potential gas shortage.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
