Daily News Snapshots Draghi’s ECB Consigned to History as Hawks Seize Policy Controls https://www.bloomberg.com/news/articles/2022-06-09/draghi-s-ecb-consigned-to-history-as-hawks-seize-policy-controls?srnd=economics-vp For the first time, hawkish officials are taking control of the ECB and are steering the wheel. What began as a lone push by Klaas Knot of the Netherland little more than three-weeks ago, to a half point interest rate hike morphed into the campaign of monetary tightening for the Euro zone unveiled by the president Lagarde on Thursday.
Daily Deck: 06/10/2022
Daily Deck: 06/10/2022
Daily Deck: 06/10/2022
Daily News Snapshots Draghi’s ECB Consigned to History as Hawks Seize Policy Controls https://www.bloomberg.com/news/articles/2022-06-09/draghi-s-ecb-consigned-to-history-as-hawks-seize-policy-controls?srnd=economics-vp For the first time, hawkish officials are taking control of the ECB and are steering the wheel. What began as a lone push by Klaas Knot of the Netherland little more than three-weeks ago, to a half point interest rate hike morphed into the campaign of monetary tightening for the Euro zone unveiled by the president Lagarde on Thursday.