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Fed Delivered the Hawkish 50bp Hike, Now it is the ECB’s Turn

Market movers today Market focus reverts to the ECB meeting today. The stabilization in euro area core inflation in November, paired with the weakening growth outlook probably gives ECB enough arguments to slow the hiking pace to 50bp (broadly in line with market pricing). However, we expect it to continue guiding for further rate hikes […] The post Fed Delivered the Hawkish 50bp Hike, Now it is the ECB’s Turn appeared first on Action Forex... Read More

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Posted: Dec 15 2022, 07:20

Author Name: actionforex

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