ECB: A 25 bps rate hike looks likely in May – UOB – by pabspiovano ECB CentralBanks Banks InterestRate
“The European Central Bank stuck with the 50bps hike that it had flagged in Feb as its intention for Mar, with the opening statement of the accompanying press release clearly showing the ECB’s determination to fight inflation. Both the statement and the press conference conducted by bothand ECB Vice-President Luis de Guindos highlighted the resilience of the banking sector.”
“In all, the ECB has given us very little in terms of what to expect at the next monetary policy decision on 4 May. From now till then, a lot can happen. It could still bring the current hiking cycle to an abrupt end, especially if banking tensions worsen.
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