https://www.bloomberg.com/news/articles/2022-06-28/lagarde-vows-nimble-ecb-policy-as-july-rate-hike-plan-proceeds
Quote from 2 days ago:
European Central Bank President Christine Lagarde affirmed plans for an initial quarter-point increase in interest rates in July but said policy makers are ready to step up action to tackle record inflation if warranted.
Next meeting is July 21
Also @SteveSage the reason they only receive circa $17m per 1% (not $22m) rise is that in the US they only earn interest above 2% fed rate. Hopefully this will be breached later in July with another super sized rise
https://www.bloomberg.com/news/articles/2022-06-28/lagarde-vows-n...
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