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European Central Bank deposit rate will reach 3.25% in Q2 say analysts

European Central Bank deposit rate will reach 3.25% in Q2 say analysts

Via a Reuters poll of analysts.

  • 55 of 59 polled sat the ECB will hike by 50bp at the next meeting, February 2
  • This would take the depo rate to 2.5%

The consensus expectation for the March meeting is also+50bp

  • +25bp is the expected in Q2, to a terminal rate of 3.25% (the poll in December had the depo terminal at 2.75%)

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Posted: Jan 23 2023, 02:15
Author Name: forexlive
Views: 111451

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