ECB warns of possible interest rate hike

The European Central Bank (ECB) is moving toward raising interest rates to prevent the oil price shock from creating spiraling inflation, writes Politico. Speaking to Politico, Alexander Demarco, the governor of the Bank of Malta, expressed a view that differs from other policymakers who have called for patience and more data before making firm decisions. […]

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Börsmånaden inleds upp i Japan och Australien – rekordkvartal för Church of S:t Jobs, rusning i Google, ras i Facebook – räntehöjningar väntas i EU då högre räntekostnader ska lösa energikrisen

Börserna i Japan och Australien inleder börsmånaden positivt under fredagsmorgonen. Church of S:t Jobs gjorde ett rekordkvartal vilket sätter press på tillträdande nya VD:n medan Googles aktie rusade och Facebooks aktie rasade. Så kallade experter menar att Eurozonens centralbank ECB kommer höja räntan i sommar då man genom att öka kostnaderna för allas lån därmed ska lösa energikrisen när…

Early Church, the Cross, Deut. 28:66 & Jer. 11:19

In this post I will be looking at two OT texts, which the early Christians saw as foreshadowing Christ’s crucifixion. These early writers employed these particular verses as prophesying or prefiguring Christ’s death on a cross.

First Prophecy

I begin with the following reference from the Jeremiah:

“and I am as a lamb or a bullock brought to the slaughter; and I know not that they fabricate…

Iran war heightens inflation concerns; ECB to act tough

The European Central Bank (ECB) has pledged to keep its key interest rate at 2% but is also prepared to raise it if developments in the Middle East lead to a sustained rise in eurozone inflation, Reuters reported. Oil and gas prices have risen sharply since the US and Israeli attacks on Iran, raising concerns […]

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ECB makes key decision on interest rates

The European Central Bank (ECB) decided on Thursday to leave interest rates unchanged. At a meeting of the ECB Governing Council in Frankfurt, it was decided to keep the deposit facility rate at 2%, the main refinancing operations rate at 2.15%, and the marginal lending facility rate at 2.4%. These rates have been in effect […]

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Why the Fed’s Standing Repo Facility Isn’t for Daily Use: An Explainer

"The [Standing Repo Facility (SRF)] rate is set at the top of the FOMC’s target range for the federal funds rate. This combination of an ample supply of reserves and an SRF rate at the top of the target range reduces the day-to-day reliance on the facility except during periods of significant upward pressure on rates resulting from strong liquidity demand or market stress," said John Williams

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