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ECB's Holzmann: August inflation data a conundrum for the ECB

ECB's Holzmann: August inflation data a conundrum for the ECB
Data shows that inflation is still persistentWe are not yet at the highest level for ratesAnother one or two rate hikes is still possibleThere's no uniform message from the ECB as of late and this latest round of remarks by Holzmann is but another testament to that. They want to keep the door open to tighten further if need be but so far, they're not managing that all too well. The odds of a 25 bps rate hike for next month are at ~28% now and as things stand, traders are not pricing in any more... Read More
Posted: Aug 31 2023, 09:18
Author Name: forexlive
Views: 102216

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