The central bank’s Covid-19 stimulus program — known as the Pandemic Emergency Purchase Program or PEPP — is due to end in early March next year. So, many analysts are expecting a readjustment in the bank’s stimulus ahead of that.
Would be kinda stupid to instantly increase the base rate directly after most european states opened their wallet for Corona.
It’s also better to wait a bit and see how things turn out. To many things are happening at the same time and the worst part would be increasing the base rate, but it doesn’t reduce the inflation as much as the want.
In before the redditors with internet-PhD’s in economics going off about money printing and that the rates should rise to 3% already.
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The central bank’s Covid-19 stimulus program — known as the Pandemic Emergency Purchase Program or PEPP — is due to end in early March next year. So, many analysts are expecting a readjustment in the bank’s stimulus ahead of that.
Would be kinda stupid to instantly increase the base rate directly after most european states opened their wallet for Corona.
It’s also better to wait a bit and see how things turn out. To many things are happening at the same time and the worst part would be increasing the base rate, but it doesn’t reduce the inflation as much as the want.
In before the redditors with internet-PhD’s in economics going off about money printing and that the rates should rise to 3% already.