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The ECB will have to sell a hawkish pause if they do not hike this week, but can they?

It's a tough call but the bottom line is that if the ECB is unsure that they have done enough on rate hikes, then this week is perhaps the last opportunity for them to actually deliver one more. Otherwise, the ship might have just sailed and pass them by.With the euro area economy facing mounting recession risks and credit conditions are tightening, it isn't going to make it any easier to sell a story of raising interest rates further in the months ahead.But let's look at the scenario in the cas... Read More

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Posted: Sep 12 2023, 09:02

Author Name: forexlive

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