ECB: Looking at a 50bp rate hike in March and May – Danske Bank – by MSalordFX ECB EURUSD Banks
t 4%, after a 50 basis points interest rate hike, in both March and May followed by a 25bp hike in both June and July.ECB
and now expect a policy peak rate of 4% , with hikes of 50bp in March, 50bp in May, 25bp in June and 25bp in July. We naturally remain data dependent and may adjust the call at a later stage, but for now we see the risks around our baseline rate hike expectations as broadly balanced. Our revision comes on the back of more resilient economic activity and more ‘sticky’ underlying inflation developments.
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