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ECB sources: Risk of doing too little currently still greater than doing too much

ECB sources: Risk of doing too little currently still greater than doing too much
Econostream is reported from ECB sources that:ECB more likely to hike by 25 basis points rather than 50 basis pointsrisk of doing too little currently still greater than risk of doing too muchit would require a "quite negative" inflation surprise in AprilThe markets are currently favoring a 25 basis point hike (70% probability). Preliminary CPI data will be released on Friday and will go a long way toward shaping the right decision. The ECB will announce their right decision on Thursday of next... Read More
Posted: Apr 25 2023, 16:24
Author Name: forexlive
Views: 081917

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