Market updates and forecasts

Obtenga las últimas noticias económicas de ForexMart, incluyendo actualizaciones sobre el mercado financiero, anuncios de políticas del banco central, indicadores financieros y otras noticias relevantes que pueden afectar a la industria.

Descargo de Responsabilidad:  ForexMart no ofrece asesoría de inversión y el análisis proporcionado no debe interpretarse como una promesa de resultados futuros.

The ECB has kept the rate at a record high level for the fourth time in a row


Marzo, 07 2024
watermark Economic news

The European Central Bank has decided to leave all three key interest rates unchanged. Thus, the base loan rate remains at 4.5%, the deposit rate at 4%, and the margin loan rate at 4.75%.


Representatives of the bank noted that despite the decline in most indicators of core inflation, price pressures in domestic markets are still high, in particular due to rising wages. Restrictive financial conditions and previous rate hikes continue to have an impact on demand, which in turn contributes to a slowdown in consumer price growth.


The ECB confirmed its intention to return inflation to the medium-term target of 2%. According to current estimates, the bank believes that key interest rates are at a level that, if maintained for a sufficiently long period of time, will play a significant role in achieving this goal.


The regulator clarified that future decisions will leave key rates at fairly restrictive levels for as long as necessary. The ECB will continue to follow an approach in which decisions on the level of rates and the duration of maintaining restrictive policy will be determined by statistical data, including data on the dynamics of inflation and the transmission of monetary policy.


In addition, the bank reported a reduction in the portfolio of securities acquired under the asset repurchase program (APP) at a moderate and predictable pace. The regulator also plans to continue reinvesting proceeds from the repayment of securities purchased under the emergency asset repurchase program (PEPP) in the first half of 2024. 


However, starting in the second half of the year, the ECB plans to reduce the portfolio of securities repurchased under PEPP by an average of 7.5 billion euros per month. The regulator intends to stop reinvesting proceeds under PEPP by the end of 2024.


Comentario

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Advertencia de Riesgo:
El mercado de divisas es altamente especulativo y complejo por naturaleza, y puede no ser adecuado para todos los inversores. Las operaciones en Forex pueden resultar en ganancias o pérdidas sustanciales. Por lo tanto, no es aconsejable invertir dinero que no puede permitirse perder. Antes de utilizar los servicios ofrecidos por ForexMart, reconozca los riesgos asociados con las operaciones en Forex. Busque asesoramiento financiero independiente si es necesario. Tenga en cuenta que ni el rendimiento pasado ni los pronósticos son indicadores confiables de resultados futuros.
El mercado de divisas es altamente especulativo y complejo por naturaleza, y puede no ser adecuado para todos los inversores. Las operaciones en Forex pueden resultar en ganancias o pérdidas sustanciales. Por lo tanto, no es aconsejable invertir dinero que no puede permitirse perder. Antes de utilizar los servicios ofrecidos por ForexMart, reconozca los riesgos asociados con las operaciones en Forex. Busque asesoramiento financiero independiente si es necesario. Tenga en cuenta que ni el rendimiento pasado ni los pronósticos son indicadores confiables de resultados futuros.