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ECBs Holzman: Supports a 75 basis point hike if situation stays the same

ECBs Holzman: Supports a 75 basis point hike if situation stays the same

ECBs Holzmann via Econostream, says that if the situation remains the same before the December 15 meeting, he would support a 75 BP hike. However, if there is a major HICP reduction, could be swayed back to 50 BPS.

  • No major recession seen for now
  • On QT sees strong concensus that we should start small to test the market
  • Should start with APP. PEPP much later
  • Still very much concerned with de-anchoring of inflation expectations.
  • Adds that 75 bps woul... Read More
Posted: Nov 21 2022, 15:56
Author Name: forexlive
Views: 110541

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