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Poll shows 62 of 62 analysts expect a 25bp European Central Bank rate hike in June

The European Central Bank is expected to raise its deposit rate again by a quarter of a percentage point next month to 3.50%, according to all 62 economists polled by Reuters.20 predicted the ECB to end its tightening cycle there42 saw the rate climbing to 3.75% in July5 expecting to 4.00% in September"The messaging from several ECB speakers ... has clearly been on the hawkish side since the (May 4) meeting, and their consumer expectations survey just showed higher inflation expectations," noted... Read More

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Posted: May 16 2023, 02:44

Author Name: forexlive

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