4min chapter

Market Depth cover image

The Most Important ECB Meeting Since The Draghi Era

Market Depth

CHAPTER

Introduction

The European Central Bank decided to play hard bow on monetary policy. The ECB foresees core inflation at 4.2% by December 2023. Despite the bunch of rate hikes, the ECB thinks that core inflation will be a double their target in a year from now. This is easily explained by thinking that every time a central bank wants to fight inflation they need to bring nominal rates above the level of core inflation.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode