Free Trial

Around 15bp removed from terminal rate

ECB
  • Pricing for the December ECB meeting has fallen from around 62bp to around 56bp this morning on the back of the soft Spanish HICP and German NRW CPI data.
  • The terminal rate has fallen from pricing in around 152bp of further hikes by July to pricing in around 137bp (so around 15bp lower).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.