{"id":1240,"date":"2023-04-26T06:30:57","date_gmt":"2023-04-26T04:30:57","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=1240"},"modified":"2023-04-26T06:30:58","modified_gmt":"2023-04-26T04:30:58","slug":"ecb-has-no-choice-but-to-raise-rates-further-vujcic-tells-delo","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=1240","title":{"rendered":"ECB Has No Choice But to Raise Rates Further, Vujcic Tells Delo"},"content":{"rendered":"\n<p>By Jan Bratanic<\/p>\n\n\n\n<p>April 26, 2023 at 8:00 AM GMT+4<\/p>\n\n\n\n<p>The European Central Bank must lift borrowing costs further because inflation pressures remain too high, according to Governing Council member Boris Vujcic.<\/p>\n\n\n\n<p>\u201cInflation is falling, but core inflation is stubbornly high,\u201d he told Slovenia\u2019s Delo newspaper in comments published Wednesday. \u201cWe have no choice but to continue raising interest rates. We\u2019ll have to do this until we see a change in the trend.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/assets.bwbx.io\/images\/users\/iqjWHBFdfxIU\/i7FNQWgISV1w\/v0\/800x-1.png\" alt=\"relates to ECB Has No Choice But to Raise Rates Further, Vujcic Tells Delo\"\/><\/figure>\n\n\n\n<p>ECB officials are gearing up for a rate meeting in just over a week at which they\u2019re expected to select between a quarter- or a half-point hike. Final data releases on inflation\u00a0and bank lending, due two days before the decision, will determine which move they opt for.<\/p>\n\n\n\n<p>\u201cReducing inflation always comes with some costs due to higher interest rates,\u201d Vujcic said. \u201cBut those costs are lower if we do it decisively now, rather than letting inflation build into expectations. Because in this case interest rates will have to stay higher for longer than if we do it sooner and faster.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jan Bratanic April 26, 2023 at 8:00 AM GMT+4 The European Central Bank must lift borrowing costs further because inflation pressures remain too high, according to Governing Council member Boris Vujcic. \u201cInflation is falling, but core inflation is stubbornly high,\u201d he told Slovenia\u2019s Delo newspaper in comments published Wednesday. \u201cWe have no choice but [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-1240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1240"}],"version-history":[{"count":1,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1240\/revisions"}],"predecessor-version":[{"id":1242,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1240\/revisions\/1242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/1241"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}