ECB plans to hike by 50 bps despite SVB collapse – MNI – by eren_fxstreet ECB CentralBanks
was planning to go ahead with the 50 basis points rate hike at its upcoming meeting despite sliding market rate expectations amid Silicon Bank Valley turmoil.
MNI further explained that dovish policymakers were likely to argue that the changing economic environment would warrant more caution in regard to policy tightening.showed no immediate reaction to this headline and was last seen rising 0.8% on a daily basis at 1.0725.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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