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ICYMI: Weighty consensus expects the ECB to hike rates in June and July, sticky inflation

ICYMI: Weighty consensus expects the ECB to hike rates in June and July, sticky inflation
Reuters polling of 59 analysts shows 43 of them expect a double whammy rate rise from the European Central Bank.All 59 tip a +25bp June rate hike43 tip June and then +25 in July alsoReuters add:"A 25 basis point rate hike looks like a done deal for next week's meeting," said Carsten Brzeski, global head of macro at ING. "Macro developments since the May meeting have clearly had more to offer the doves than the hawks at the ECB... However, the ECB is fully determined right now to err on the side... Read More
Posted: Jun 8 2023, 22:45
Author Name: forexlive
Views: 092166

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