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๐๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ป๐ถ๐ป๐ด ๐๐ผ๐๐ป๐ฐ๐ถ๐น ๐ ๐ฒ๐บ๐ฏ๐ฒ๐ฟ: ๐จ๐ฆ-๐๐ฟ๐ฎ๐ป ๐ฃ๐ฒ๐ฎ๐ฐ๐ฒ ๐๐ด๐ฟ๐ฒ๐ฒ๐บ๐ฒ๐ป๐ ๐ช๐ผ๐ป'๐ ๐๐ถ๐บ๐ถ๐ป๐ถ๐๐ต ๐ฅ๐ฎ๐๐ฒ ๐๐ถ๐ธ๐ฒ ๐๐๐๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป
On June 3, the Financial Times reported that ECB Governing Council member Isabel Schnabel stated that a peace agreement between the US and Iran, reached before next week's ECB meeting, would not weaken the rationale for raising interest rates.
Schnabel noted, 'If a peace agreement is indeed reached on the eve of the meeting, it will be part of the discussion. But we cannot know if it is lasting or credible.' She hinted at supporting a 25 basis point rate hike by the ECB. She believes that if the conflict remains unresolved, discussions among policymakers before setting rates on June 11 'will be quite straightforward.'
If a peace agreement is reached, the discussions 'might be slightly less straightforward. But the justification for a rate hike may still exist, just not as robustly.' She stated, 'At some point, we cannot let the market bear everything. We need to take a stance.' (Jinshi)
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