ECB Rate Hikes to End Soon at ‘High Plateau,’ Villeroy Says
iECB s nearly finished raising interest rates, but will then keep them at a “high plateau” to ensure they fully impact the economy, Governing Council member Francois Villeroy de Galhau said.
The ECB’s record cycle of tightening will bring inflation toward its target of 2% by 2025, the Bank of France governor said.
Price growth in France has already passed its peak, slowing to 5.3%
Bloomberg 9 July 2023
Anders Borg och Irving Fisher om att priserna har planat ut och nått en platå.
Anders Borg, SvD 21 januari 2014:
- Jag tror att vi ska räkna med stillastående priser på bostäder under tio år framöver.
Professor Irving Fisher, October 1929:
"stock prices have reached what looks like a permanently high plateau."
- Jag tror att vi ska räkna med stillastående priser på bostäder under tio år framöver.
Professor Irving Fisher, October 1929:
"stock prices have reached what looks like a permanently high plateau."
Last Mile of the Inflation Fight Will Be the Hardest
Housing and used-car sectors are expected to help push down core index, but progress could then stall so long as the economy doesn’t weaken
WSJ 9 July 2023
https://www.wsj.com/articles/last-mile-of-the-inflation-fight-will-be-the-hardest-86bcebb1
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