bearish

ECB: Nailing Itself to a Hawkish Mast

363 Views09 Jun 2022 23:52
Rate hikes in July and September are explicitly indicated, with a presumption in favour of the latter being 50bps. A deposit rate jump could restore symmetry to the corridor (i.e. refi & MLF +25bps).
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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