ECB's Holzmann says crucial to phase out negative interest rates in 2022

by Aurelia Butler 30 December 2021, 12:55 169 Views

Holzmann, who is also Austria’s central bank chief, said inflation would peak around the turn of next year and then slowly weaken again.

The Austrian National Bank expects consumer prices harmonized with inflation data from other European Union countries (HICP) to rise 3.2% in 2022, after an increase of 2.7% this year.

At the same time, it expects HICP to rise 2.3% and 2.0% in 2023 and 2024, respectively.

Source: Economy - investing.com

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ECB's Holzmann says crucial to phase out negative interest rates in 2022

U.S. Jobless Claims drop 8K, Reach Lowest Moving Average Since 1969

Don't forget to tend to your 401(k) if you join the 'Great Resignation'

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