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March Accounts See "Very Large" Majority Agreeing with 50bps Hikes

ECB

ECB Accounts highlights:

  • Members generally agreed that the GC should refrain from communicating unconditional expectations for the future interest rate path.
  • However, the concern was voiced that the absence of any such guidance could be interpreted as indicating that the hiking cycle was coming to an end.
  • Some members would have preferred not to increase the key rates until the financial market tensions had subsided.
  • Overall, delivering a 50 basis point increase was considered to be proportionate, taking into account possible side effects.
Full accounts found on the ECB website here.
EM BulletHomepagemarkets-real-timeEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange BulletsEuropean Central Bank (ECB) Market News
EM BulletHomepagemarkets-real-timeEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange BulletsEuropean Central Bank (ECB) Market News

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