Fundamental: ECB suffers financially under its own rate hikes

The ECB's own financials suffered from the monetary policy paradigm shift in 2022. As reported in the ECB's financial statement for 2022, the ECB had to use €1.6bn from risk provisions made in the past in order to avoid reporting a loss. Now the ECB has reported zero profit. The ECB's actual losses stem from unrealised price losses on securities held in the ...     Alert Feb 24, 2023, 12:10am Fundamental: ECB suffers financially under its own rate hikes The ECB's own financials suffered from the monetary policy paradigm shift in 2022. As reported in the ECB's financial statement for 2022, the ECB had to use €1.6bn from risk provisions made in the past in order to avoid reporting a loss. Now the ECB has reported zero profit. The ECB's actual losses stem from unrealised price losses on securities held in the ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support