Governing Council member of the ECB Klaas Knot said that the ECB should raise interest rates in July by 25bps, but a 50bps hike should not be excluded if data suggest that inflation is rising. Money markets immediately jumped to pricing in roughly 105bps worth of ECB rate hikes by yearend (from 95bps). These are […]
The post ECB Members Turning More Hawkish. But Do Markets Believe Them? appeared first on Action Forex.
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