Gate.io February 7th, the European Central Bank is entering a new phase of uncertainty, with the terms of 7 of its 26 interest rate setters ending in December, the largest personnel adjustment since 2019. This includes Klaas Knot, the longest-serving member of the Executive Board and President of the Dutch Central Bank, as well as several former finance ministers who have experienced the European debt crisis. Their expertise is particularly important in the current context of renewed budget tension and US-led trade wars. While the possibility of a radical policy shift at the European Central Bank is unlikely, this personnel change means that policy observation will become more difficult and the balance between hawks and doves may also change. Carsten Brzeski, Head of Macro Research at ING Bank, said that a European Central Bank with as many as seven new members is more prone to making mistakes.
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Avrupa Merkez Bankası, 2019'dan beri en büyük personel değişikliğiyle karşılaşacak, şahin-güvercin dengesi değişebilir.
Gate.io February 7th, the European Central Bank is entering a new phase of uncertainty, with the terms of 7 of its 26 interest rate setters ending in December, the largest personnel adjustment since 2019. This includes Klaas Knot, the longest-serving member of the Executive Board and President of the Dutch Central Bank, as well as several former finance ministers who have experienced the European debt crisis. Their expertise is particularly important in the current context of renewed budget tension and US-led trade wars. While the possibility of a radical policy shift at the European Central Bank is unlikely, this personnel change means that policy observation will become more difficult and the balance between hawks and doves may also change. Carsten Brzeski, Head of Macro Research at ING Bank, said that a European Central Bank with as many as seven new members is more prone to making mistakes.