• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

ECB Hints at Neutral Rates by September

May 23, 2022 by Forex Winner Leave a Comment

ECB Hints at Neutral Rates by September

Source: European Central Bank

The European Central Bank is set to put a close to its negative rates, with borrowing costs likely to hit zero by the end of the third quarter, according to President Christine Lagarde. EZU is up 1.48%, while VGK is up 1.56%.

  • Lagarde said the current outlook indicates that the ECB could be in a position to exit negative interest rates by the of September.
  • The ECB has kept the deposit rate at -0.5% and has maintained this in negative territory since 2014 amid a sovereign debt crisis.
  • Lagarde noted that should inflation stabilize at 2% in the medium term, and this could warrant further normalization of interest towards the neutral rate.
  • Lagarde also hinted at the possibility that the rates could be hiked above the neutral rate should the eurozone overheat.
  • The euro has since appreciated by 1.1% against the dollar to $1.0684 after dropping by over 12% in the past year.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

June 16, 2022

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

June 16, 2022

Footer

Forex Broker Reviews

Saxo Bank

Saxo Bank Review

July 25, 2019 By Forex Winner

Interactive Brokers

Interactive Brokers Review

November 12, 2019 By Forex Winner

simplefx

SimpleFX Review

December 19, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure