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Societe Generale: Will the ECB opt for a rate hike or a hawkish pause this week?
Societe Generale anticipates that the European Central Bank (ECB) will maintain a hawkish pause in its upcoming September policy meeting. The bank expects a rate hike to be delayed until December, but still envisions the ECB maintaining its hawkish stance due to inflation targets.Key Points:Hawkish Pause Anticipated: The ECB is expected to hold its interest rates steady this week, despite the hawkish tones that have been prevalent in recent communications.Downside Risks: According to the bank, t...
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Posted: Sep 11 2023, 15:33
Author Name: forexlive
Views: 112548