7 Best Christmas Tree Stands in 2022

Image
Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...

European Central Bank’s Philip Lane makes case for smaller rate hikes ahead

European Central Bank chief economist Philip Lane speaks during a Reuters Newsmaker event in New York, on Sept. 27, 2019.GARY HE/Reuters

The European Central Bank will raise interest rates again in December and next year to fight inflation but those increases may well be smaller than the most recent ones, the bank’s chief economist Philip Lane said in an interview published on Monday.

With the inflation rate in double digits, the ECB has raised interest rates by 200 basis points in just three months from record low levels, and is set to mop up some of the trillion euros pumped into the financial system in recent years.

Lane suggested the next rate hike would be smaller than the record 75 basis-point-increases decided at the last two ECB meetings, but won’t be the last.

“One platform for considering a very large hike, such as 75 basis points, is no longer there,” MNI quoted Lane as saying. “The more you’ve already done on a cumulative basis, that changes the pros and cons of any given increment.”

He said the ECB was not about the pause its hiking cycle but “to move at the appropriate time to smaller increments” and reduce its bond holdings, the key part of its stimulus policy of the past decade, in a “more mechanical” fashion.

“I don’t think we’re going to be on a meeting-by-meeting basis interconnecting the interest rate decision with the pace (of bond reinvestments) for the next month or two,” Lane said. “It should be probably more mechanical than that.”

He hinted at higher inflation next year than the ECB was expecting in September, in light of more elevated energy prices and government deficits, while he said the outlook for 2024-25 was more mixed.

“For those years the forecast will have to balance the fact that inflation has a knock-on effect, for example, on the wage mechanism,” Lane said. “But on the other hand, we do have the fact that the financial conditions are far different than what we had going into the September forecast.”

https://www.tausiinsider.com/european-central-banks-philip-lane-makes-case-for-smaller-rate-hikes-ahead/?feed_id=333476&_unique_id=647fa18fafb1e

Comments

Popular posts from this blog

Pick a Ceiling Fan Based on a Room's Square Footage

An Existentialist Guide to Feeling Nothing

6 of the Best Drinking Games to Play During Super Bowl LVII