ECB's De Guindos Says Rate Decision In September Is Still Up For Debate; We Are At The Finishing Stretch Of Rate Hiking Process
Portfolio Pulse from Happy Mohamed
ECB's Vice President Luis de Guindos stated that the decision on interest rates in September is still under discussion. He also mentioned that they are nearing the end of the rate hiking process.
August 31, 2023 | 4:49 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could be impacted by the ECB's upcoming decision on interest rates.
The ECB's decision on interest rates can significantly impact European markets. As VGK tracks the performance of a benchmark index that measures the investment return of stocks issued by companies located in major markets in Europe, any changes in the ECB's interest rate policy could affect the ETF's performance.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 75