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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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An ECB Governing Council member, Olaf Sleijpen, said upcoming discussions will focus on whether to raise interest rates or keep them at their current level. He noted that, in the coming weeks, Governing Council members will meet in Frankfurt with the Executive Board to review the next steps.
Asked about the rate outlook, Sleijpen said rates would either remain unchanged or increase, and that this would be the central topic of discussion. He cautioned that although more information will become available, the overall amount of usable guidance remains limited.
Sleijpen pointed to uncertainty in economic forecasts, drawing a parallel to remarks by Federal Reserve Chair Jerome Powell. In the latest U.S. rate decision, when asked about future projections, Powell said he could not provide a definitive forecast. Sleijpen said a similar constraint applies to the ECB, even as policymakers are still required to make a decision.
He emphasized that policy choices will be based on the data available at the time, adding that the upcoming data will be particularly important.
Beyond the statistics, Sleijpen said the dialogue among members is a key factor. He argued that engaging with many parties can help the ECB reach a more optimal decision, highlighting the value of the consultative process within financial institutions.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…