Yesterday (April 14) the European Central Bank (ECB) indicated that it would stop the purchase program in the third quarter and also consider raising interest rates. Interventions that are far too little and far too late against the current sky-high inflation, says Edin Mujagic, head economist at OHV Asset Management, in a conversation with Eric de Lijster of Boerenbusiness.
Mujagic explains that the ECB should have intervened much earlier to curb the current high inflation and that the bank has driven current inflation with its long-standing monetary policy. Mujagic suspects that it may take some time before the ECB will actually raise interest rates slightly. He also thinks that Prime Minister Mark Rutte's appeal to entrepreneurs - to raise wages where possible to compensate for inflation - is not the best idea.
This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/video/10897917/invangen-ecb-tegen-inflation-much-too-late-and-too-little]'ECB interventions against inflation far too late and too little'[/url]
Europe is bankrupt squared. You should avoid our Neuro like the plague.This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/video/10897917/invangen-ecb-tegen-inflation-much-too-late-and-too-little]'ECB interventions against inflation far too late and too little'[/url]
If the ECB raises interest rates just 0.25%, the economy will collapse like a pudding. Southern Europe is a millstone to the northern countries.
about 5 years ago, interest rates should have gone up when the economy was doing well now it's much too late
interest is not determined by supply and demand but by gentlemen of cent bank who let their heads bow to politics and let them now have no understanding of it
