ECB Preview – ECB to Convince Market Low Interest Rate Still Necessary Despite Rising Inflation

<p>The surge in electricity price has haunted the Eurozone since the last ECB meeting. Meanwhile, heightened inflation expectations have moved forward market pricing of the first post-pandemic rate hike to end-2022, significantly ahead of the central bank’s estimate. We expect policymakers to make use of the October meeting to address these issues, although the monetary […]</p>
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