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Bloomberg Daybreak: Europe Edition
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The IMF's Gita Gopanath Tells Central Bankers to Keep Hiking
The IMF's Gita Gopanath has told central bankers that they must remain committed to fighting inflation. She spoke at the ECB's annual forum in the Portuguese town of Central setting up a meeting where many monetary policy bankers are near a turning point in their hiking cycle. The big question now is whether they pause and this is true for the ECB. It's not the truth for the Fed and the BLE whether they pause because they want to appraise the still unfolding effects of policy happening today, or whether more action is required.
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