External broker reports(aggregated public sources), Nordea

Nordea

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External broker reports(aggregated public sources)

Macroeconomics

<ul>
<li>The ECB hiked rates by a further 25bp, bringing the deposit rate to 3.75%.</li>
<li>The wording change in the statement explicitly left open the possibility of not raising rates further, and Lagarde confirmed this change was significant.</li>
<li>We think the ECB is done hiking rates, though future data releases will eventually determine, whether the data-dependent ECB hikes rates further.</li>
</ul>
<p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>


The ECB hiked rates by a further 25bp, bringing the deposit rate to 3.75%.
The wording change in the statement explicitly left open the possibility of not raising rates further, and Lagarde confirmed this change was significant.
We think the ECB is done hiking rates, though future data releases will eventually determine, whether the data-dependent ECB hikes rates further.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

ECB Watch: The Peak Is Here or at Least Near