{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/the-european-central-bank-is-set-to-increase-interest-rates-imminently\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/the-european-central-bank-is-set-to-increase-interest-rates-imminently\/","headline":"The European Central Bank Is Set to Increase Interest Rates Imminently","name":"The European Central Bank Is Set to Increase Interest Rates Imminently","description":"The European Central Bank will most probably decide to halt its stimulus program within two months, according to Pablo Hern\u00e1ndez, ECB policymaker. He also states that interest rates are also likely to be pushed up imminently. The governor of the Central Bank of Spain has likewise joined the clamor for ECB policymakers to raise interest […]","datePublished":"2022-05-16","dateModified":"2022-05-16","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/05\/europe-palace-5414751_960_720-1.webp","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/05\/europe-palace-5414751_960_720-1.webp","height":640,"width":960},"url":"https:\/\/forexschoolonline.com\/the-european-central-bank-is-set-to-increase-interest-rates-imminently\/","about":["Article","Article-com","Case Study","Featured Articles","Price Action Charts in Focus","Survey","Trade Idea","Trade Setups"],"wordCount":292,"keywords":["Article","EURO","Fundamental Analysis","Market Anticipation","Trade idea"],"articleBody":"The European Central Bank will most probably decide to halt its stimulus program within two months, according to Pablo Hern\u00e1ndez, ECB policymaker. He also states that interest rates are also likely to be pushed up imminently. The governor of the Central Bank of Spain has likewise joined the clamor for ECB policymakers to raise interest rates for the first time in the last ten years. The essence of this is to curb the euro’s high inflation levels and also to avert the entrenchment of increasing prices.Increase in Interest Rates Is Set to Boost the Value of the EuroThe European Central Bank seems to be a lot behind the central banks of other countries when it comes to raising interest rates. Rather, the focus for up to a decade has been on pumping money into the economy through the Asset Purchase Program.At a Bundesbank event, Hern\u00e1ndez confirms that the end of the stimulus program will likely come to an end after a decision at the June meeting. He also said that following immediately is the decision to raise the rate imminently.In April, inflation in the eurozone attained a new high of 7.5%, and even measures that exclude energy and food expenses were considerably above the ECB’s 2% objective. The ECB’s deposit rate is now at a negative 0.5 percent, which indicates that financial institutions are paying some money to retain their cash with the bank. This has been the case since 2014.The increase in interest rates is set to boost the value of the euro.Note: Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}