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ECB's De Cos: Future decisions should account for a higher probability of a receesion

ECB's De Cos: Future decisions should account for a higher probability of a receesion
  • The inflation spike is proving highly persistent and has also broadened
  • We still have some way to go with rate hikes, specific level yet unknown
  • Yields already reflect -- to a certain extent -- expectations on the implementation of balance sheet reductions

The market is pricing in a 67% chance of 50 bps on December 15 with the remainder at 75 bps.

This article was written by Adam Button at forexlive.com... Read More
Posted: Nov 16 2022, 13:19
Author Name: forexlive
Views: 1028100

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