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ECBs Lagarde offered back to back 50 bp hikes to secure majority

ECBs Lagarde offered back to back 50 bp hikes to secure majority

ECB sources comments:

  • ECBs Lagarde offered policymakersback to back 50 basis point hikes to secure majority after stiff opposition on Thursday.
  • this could mean three, 50 basis point hikes by ECB if inflation outlook fails to improve.

Earlier the sources comments showed that there were up to 1/3 that wanted to hike by 75 basis points hence ECBs hawkish stance.

This article was written by Greg Michalowski at www.forexlive.com... Read More
Posted: Dec 15 2022, 17:50
Author Name: forexlive
Views: 102564

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