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Fighting Inflation Could Worsen Countries' Credit Ratings | Daily Market Analysis
Key events: Eurozone - ECB's Lane Speaks ECB minutes came out. From the minutes of the September meeting of the ECB, it follows that the members of the regulator fear the consolidation of inflation at an elevated level. That's why the rate was raised by 75 basis points, not 50, as the markets expected. For the return of price stability, politicians are willing to sacrifice economic growth in the eurozone. However, the question is still here — what about a possible debt crisis? Wouldn't the ECB follow the Bank of England`s lead?