The ECB will end its asset purchases in July and anticipates that it will raise rates by 25 basis points

The Governing Council of the European Central Bank (ECB) has decided that the net purchases under its public asset purchase program (APP) will end in July, as the members of the Executive Committee in recent weeks.

The ECB will end its asset purchases in July and anticipates that it will raise rates by 25 basis points

The Governing Council of the European Central Bank (ECB) has decided that the net purchases under its public asset purchase program (APP) will end in July, as the members of the Executive Committee in recent weeks.

Also, with the aim of curbing inflation, the ECB has announced that at its meeting on July 9 it will undertake a 25 basis point rise in interest rates. In addition, another rate hike has been advanced in September, although in this case it has not mentioned the volume of said increase.

(There will be expansion)

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