ECB sources: See at least two more rate hikes
Policymakers see at least two more rate hikessee increase of 25 basis points or 50 basis points in Maysee 3.5% as terminal rateThe ECB today raise rates by 50 basis points to 3.0% from 2.5%. ECB's Lagarde all but guaranteed another 50 basis points at the March meeting. That would take the rate to 3.5%.After the March 16 meeting, the ECB will not meet until May 4. This article was written by Greg Michalowski at www.forexlive.com.
- Policymakers see at least two more rate hikes
- see increase of 25 basis points or 50 basis points in May
- see 3.5% as terminal rate
The ECB today raise rates by 50 basis points to 3.0% from 2.5%. ECB's Lagarde all but guaranteed another 50 basis points at the March meeting. That would take the rate to 3.5%.
After the March 16 meeting, the ECB will not meet until May 4.
This article was written by Greg Michalowski at www.forexlive.com.
