ECB Review: Confirmed – A Final Rate Hike, But Restrictive Policies Not Over

<p>Today, the ECB delivered a 25bp rate hike and indicated that it is now on pause, which is fully in line with our expectation. ECB still expects inflation will &#8216;remain too high for too long&#8217;, but it now wants to work with the &#8216;patience&#8217; argument more than the &#8216;level&#8217; argument for additional hikes, i.e. see [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/518718-ecb-review-confirmed-a-final-rate-hike-but-restrictive-policies-not-over/">ECB Review: Confirmed &#8211; A Final Rate Hike, But Restrictive Policies Not Over</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>