{"id":43940,"date":"2024-03-07T13:15:13","date_gmt":"2024-03-07T18:15:13","guid":{"rendered":"https:\/\/www.geopoliticalmonitor.com\/?p=43940"},"modified":"2024-03-07T13:16:55","modified_gmt":"2024-03-07T18:16:55","slug":"ecb-makes-its-choice-price-stability-over-growth","status":"publish","type":"post","link":"https:\/\/www.geopoliticalmonitor.com\/ecb-makes-its-choice-price-stability-over-growth\/","title":{"rendered":"ECB Makes Its Choice: Price Stability over Growth"},"content":{"rendered":"<p>Amid a broad if increasingly muted deflationary trend over the first months of 2024, the European Central Bank (ECB) has <a href=\"https:\/\/www.ecb.europa.eu\/press\/pr\/date\/2024\/html\/ecb.mp240307~a5fa52b82b.en.html\">opted<\/a> to stay put with its 4.5% interest rate at its policy meeting this week.<\/p>\n<p>The lack of a cut comes as no surprise to the majority of investors, as inflation reductions across the continent have yet to calm the ever-inflation-averse officials of Germany and other major European economies, let alone their publics. Though the above graph highlights how inflation has dipped dramatically since its post-COVID highs, price levels have yet to settle into the sub-2% comfort zone in France, Germany, or Spain.<\/p>\n\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Persistent inflationary pressure on wages and food prices was enough to delay the ECB\u2019s pivot toward monetary easing, despite a euro zone economy that continues to languish. <!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":7,"featured_media":43943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"audio","audio_file":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":""},"categories":[1,29],"tags":[1251,1658],"series":[],"episode_featured_image":"https:\/\/www.geopoliticalmonitor.com\/wp-content\/uploads\/2024\/03\/header.jpg","episode_player_image":"https:\/\/www.geopoliticalmonitor.com\/wp-content\/plugins\/seriously-simple-podcasting\/assets\/images\/no-album-art.png","download_link":false,"audio_player":false,"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v15.1.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"Persistent inflationary pressure on wages and food prices was enough to delay the ECB\u2019s pivot toward monetary easing, despite a euro zone economy that continues to languish.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.geopoliticalmonitor.com\/ecb-makes-its-choice-price-stability-over-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECB Makes Its Choice: Price Stability over Growth | Geopolitical Monitor\" \/>\n<meta property=\"og:description\" content=\"Persistent inflationary pressure on wages and food prices was enough to delay the ECB\u2019s pivot toward monetary easing, despite a euro zone economy that continues to languish.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.geopoliticalmonitor.com\/ecb-makes-its-choice-price-stability-over-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Geopolitical Monitor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Geopoliticalmonitor\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-07T18:15:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-07T18:16:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.geopoliticalmonitor.com\/wp-content\/uploads\/2024\/03\/header.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"970\" \/>\n\t<meta property=\"og:image:height\" content=\"466\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.geopoliticalmonitor.com\/#website\",\"url\":\"https:\/\/www.geopoliticalmonitor.com\/\",\"name\":\"Geopolitical Monitor\",\"description\":\"Military, Politics, Economy, Energy Security, Environment, Commodities Geopolitical Analysis &amp; 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A fluent Mandarin speaker, Zachary was the recipient of a Taiwan Ministry of Education Huayu Scholarship and spent years working and studying in Taipei. He has worked extensively as a writer, editor and translator, and has consulted for some of the world\\u2019s largest finance firms. Zachary\\u2019s primary areas of expertise are East Asian politics, Chinese nationalism, and food security.\",\"sameAs\":[\"http:\/\/www.zacwrites.com\",\"https:\/\/twitter.com\/zacwrites\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","_links":{"self":[{"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/posts\/43940"}],"collection":[{"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/comments?post=43940"}],"version-history":[{"count":1,"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/posts\/43940\/revisions"}],"predecessor-version":[{"id":43941,"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/posts\/43940\/revisions\/43941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/media\/43943"}],"wp:attachment":[{"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/media?parent=43940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/categories?post=43940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/tags?post=43940"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/www.geopoliticalmonitor.com\/wp-json\/wp\/v2\/series?post=43940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}