ECB Decision: 50 Bps Hike, No Signs on Next Move

ECB Decision: 50 Bps Hike, No Signs on Next Move

Assessment

Interactive Video

Business

University

Hard

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The video discusses recent changes in inflation rates and forecasts. The deposit rate has increased from 2.5% to 3%, and the refinancing rate has also been raised by 50 basis points. Inflation is projected to drop to 5.3% in 2023 and further to 2.9% in 2024. However, it is expected to remain high for an extended period. The video also explores the potential for future rate increases and the shift towards data-dependent decision-making.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the new deposit rate mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did the inflation rate drop from the previous forecast?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the last inflation rate mentioned in the text before the projections?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the projected inflation rate for 2023 according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the future actions regarding interest rates?

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