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ECB's Makhlouf: Quite open to size of rate hike in December

ECB's Makhlouf: Quite open to size of rate hike in December
  • Everyone acknowledges that we need a rate hike next month
  • Would not rule anything out right now

They are certainly playing it coy and there's still a debate on whether they will hike by 50 bps or 75 bps. There is talk doing the rounds though that an ECB insider is claiming that he/she is "almost sure" that the December decision will be a 50 bps move (h/t @ LiveSquawk). That might be what has just weighed on the euro slightly from 1... Read More

Posted: Nov 24 2022, 10:38
Author Name: forexlive
Views: 110736

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