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The European Central Bank meet this week - preview of a 25bp rate hike

The European Central Bank meet this week - preview of a 25bp rate hike
The European Central Bank meet on Thursday 14 September. The statement is due at 1215 GMT, 0815 US Eastern time, with President Lagarde's press conference a half hour later. Bank of America are expecting a 25bp rate rise for all three policy rates. Analysts at the bank concede it's a very close but believe the recent flow of data supports an interest rate hike. Further:We expect little forward guidance but the bias will be for moreFurther ahead BoA expect the first ECB rate cut in June of 2024,... Read More
Posted: Sep 12 2023, 03:10
Author Name: forexlive
Views: 092086

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