ECB keeps interest rates on hold despite eurozone inflation fears

[Looney Tunes Nu]

I'm still not getting why they can't just reduce interest rates already . All these economists saying that low rates are supporting recovery, but what about all the people struggling with debt and stagnant wages? It's like the ECB is more concerned with being "balanced" than actually helping out the average citizen . And don't even get me started on Cyprus having zero inflation while others are burning through their savings like crazy . I mean, what's the point of monetary policy if it just perpetuates regional inequality?

 

[Lonely]

I'm kinda surprised they didn't raise interest rates this time, especially with inflation on the rise... but I guess Christine Lagarde and the ECB want to give the economy some more breathing room? The trade deals she mentioned are def worth noting too - could be a big factor in keeping growth steady. And hey, the EU's growth numbers aren't half bad either Cyprus getting zero inflation is pretty cool, I guess that's one silver lining... but Romania and Estonia are still struggling with high rates

 

[Naught]

I'm kinda surprised that the ECB didn't raise interest rates more... I mean, we're seeing inflation at 2.2%, which is higher than last year. But at the same time, it's also good to see that the economy is doing better than expected? The jobs market and private sector balance sheets are strong, so maybe they're trying to ease into something?

I've been reading some stuff about how monetary policy works and it makes sense that low interest rates can support economic growth without causing inflation. But what really gets me is how much regional divergence there is in the eurozone right now... like, 8.6% inflation in Romania? That's crazy! And Cyprus has zero inflation - I wonder what their secret is?

Anyway, I think it's good that the ECB is taking a balanced approach and trying to mitigate some of the risks associated with rising inflation. But at the same time, you've got to be careful not to let things get out of control...

 

[Excited E]

I dunno, but I'm kinda surprised they kept interest rates steady . I mean, inflation's on the rise and all, but at least the economy's doing alright, right? ️ It's like, we're in a recession, but not really, you know? The labour market's solid and all that jazz... and those trade deals between the EU and US are pretty cool . But I guess when it comes to inflation, they just wanna keep it under control . And from what I've read, Schroders' economist Irene Lauro is on board with low interest rates supporting recovery, so that's a plus . Still, there's regional divergence and all that... Romania's got some crazy high inflation and stuff . Guess we'll just have to wait and see how it all plays out .