ECB's Lagarde Says Not Considering Rate Pause At The Moment
Portfolio Pulse from Happy Mohamed
European Central Bank's (ECB) President Christine Lagarde has stated that the bank is not considering a pause on rates at the moment. This statement could influence the performance of European stocks, including those in the Vanguard FTSE Europe ETF (VGK).
June 28, 2023 | 1:56 pm
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NEUTRAL IMPACT
The statement from ECB's Lagarde about not considering a rate pause could influence the performance of VGK, which includes European stocks.
The Vanguard FTSE Europe ETF (VGK) includes European stocks, which could be influenced by the ECB's monetary policy. As the ECB is not considering a rate pause, this could impact the performance of these stocks and, consequently, VGK.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75