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ECB's Holzmann: I expect multiple rate hikes of 50 basis point at least in the 1H of 2023

ECB's Holzmann: I expect multiple rate hikes of 50 basis point at least in the 1H of 2023

ECBs Holzmann is speaking to Austrian newspaper Die Presse and says:

  • I expect multiple rate hikes of 50 basis points, at least in the 1H of 2023
  • Core inflation is above 5%, which is 2 1/2 times our target
  • there could be rate hikes if headline inflation has fallen significantly, but core inflation has not.
  • I am reluctant to say inflation has peaked because core inflation has not.
  • It could take two – three years to bring Read More
Posted: Jan 20 2023, 18:12
Author Name: forexlive
Views: 111038

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