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ECB's Kazaks: There will be a 50 bps rate hike in March barring significant data shock

ECB's Kazaks: There will be a 50 bps rate hike in March barring significant data shock

If they actually end up walking back on their 50 bps rate hike commitment, markets are going to have a field day and I can't imagine there being a worse communication failure on the part of the ECB. Core inflation remains high and that will be reason enough to seal this move but this sort of language will continue to raise doubts about what comes after March.

This article was written by Justin Low at www.forexlive.com... Read More
Posted: Feb 6 2023, 08:45
Author Name: forexlive
Views: 110230

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