European Central Bank's Villeroy Says 'Rate Hikes Are Starting To Have Impact On Inflation'
Portfolio Pulse from Benzinga Newsdesk
European Central Bank policymaker Villeroy says that rate hikes are starting to have an impact on inflation, according to Reuters.
June 01, 2023 | 12:45 pm
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ECB policymaker Villeroy's statement on rate hikes impacting inflation may affect the performance of the Vanguard FTSE Europe ETF (VGK).
Villeroy's statement on rate hikes affecting inflation indicates a potential change in the economic environment in Europe. This may lead to fluctuations in the performance of European stocks, which could impact the Vanguard FTSE Europe ETF (VGK). However, the short-term impact is uncertain as the extent of the rate hikes' effect on inflation is not clear.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50