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March Hike Pricing Tilts Back Toward 50bp After MNI Sources Piece

ECB

March ECB implied hike pricing rose from session lows of 33bp to just under 38bp after MNI's sources piece "MNI SOURCES: ECB Clings To 50Bp Hike Plan Amid Market Turmoil". That pricing is still 8bp lower on the day.

  • A subsequent Bloomberg article carried a headline suggesting a more dovish tilt ("ECB’s Hawkish Plans Set to Face Bolder Opposition on SVB Fallout"), but the content was aligned with MNI's reporting, including 50bp remaining the baseline view for the March decision.

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