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European Central Bank policy meeting Thursday, 27 July 2023 - preview -
Nomura is anticipating the rate hike from the European Central Bank today to be the final move higher for this cycle, a hike of 25bp for policy rates. The depo rate at 3.75% after this, says Nomura, is to be the terminal rate.Also expect a strong likelihood that the ECB will alter its guidance to maintain the flexibility of further hikes, if necessary. Despite this, analysts at the bank don't foresee the ECB promising any additional hikes in advance, and Lagarde will probably emphasize the relia...
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Posted: Jul 26 2023, 21:52
Author Name: forexlive
Views: 110224