Reuters Poll: ECB expected to hike by 75 bps on September 8
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
34 of 67 economists polled by Reuters said that they expect the European Central Bank (ECB) to hike the rate on the main refinancing operations by 75 basis points (bps) to 1.25% on September 8.
29 economists forecasted the bank to raise its key rate by 50 bps while four economists said they saw the ECB raising the rate by only 25 bps.
The shared currency stays under modest bearish pressure heading into the American session on Tuesday. As of writing, the EUR/USD pair was posting small daily losses at 0.9920.
[/s2If]
Join Our Telegram Group
