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A September European Central Bank rate hike now appears almost locked in

A September European Central Bank rate hike now appears almost locked in
A rate hike at the July 22 meeting is a done deal, but officials from the ECB have been sowing doubt over a September rate hike.Markets are much more sure on a September hike though, with the chances rising consistently.This graph of how expectations for the September meeting have evolved over the last few months is via Reuters:The depo facility rate is currently 3.5%. A 25bp rate hike in July and then September will take it to 4%. ps. European Central Bank President Lagarde is speaking today, F... Read More
Posted: Jun 23 2023, 01:51
Author Name: forexlive
Views: 081181

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