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ECB's Holzmann: There is a case for rate hike if no surprises turn up

ECB's Holzmann: There is a case for rate hike if no surprises turn up
Not in the clear yet on inflationECB is behind the curve, can assess policy once at 4%Should start debate on ending PEPP reinvestmentsHe looks to be trying to push for it but it is quite evident that not all ECB policymakers are sharing this view. In terms of market pricing, it's pretty much a coin flip for September at this stage. The odds of a 25 bps rate hike are pinned at around 45% currently, with the remainder 55% pricing in no rate hike for next month. This article was wr... Read More
Posted: Aug 28 2023, 10:06
Author Name: forexlive
Views: 102251

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