ECB rate hike odds rise to 38% as talk of a hawkish push continues

<p>Will the ECB get to 4.00%?</p><p>The Sept 14 meeting is the highlight of next week's economic calendar and all week we've been getting a pushback from the hawks. It started with Knot on Monday and followed up by <a href="https://www.forexlive.com/centralbank/ecbs-kazimir-the-preferable-option-would-be-to-hike-rates-by-25-bps-next-week-20230906/" target="_blank" rel="follow">Kazimir </a>on Wednesday.</p><p>MNI <a href="https://t.co/KiuzZ3hxCp" target="_blank" rel="nofollow">reports </a>that hawks will push hard for a 25 bps hike this month and that's helped to give the euro a further boost.</p><p>Pricing for a cut hasn't changed much today, with it rising to 38% from 36% earlier. </p><p>Justin <a href="https://www.forexlive.com/news/ecb-faces-a-dilemma-ahead-of-policy-decision-next-week-20230908/" target="_blank" rel="follow">wrote </a>on the ECB dilemma earlier and that's worth a read.</p>

This article was written by Adam Button at www.forexlive.com.