ECB Preview: To signal that more hikes will be in store – Nomura
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Analysts at Nomura offered their expectations on Thursday’s European Central Bank (ECB) interest rate decision due to be announced at 1215 GMT.
We expect the ECB to raise rates by 75 bps.”
“And signal that more hikes will be in store, point to incoming data and the new forecasts available in December determining the size of the next move but to generally sound hawkish.”
“Debate when and how to start reducing the ECB’s huge bond portfolio but leave the decision until the December meeting.and announce technical changes to encourage banks to early repayments of the TLTROs and possibly also measures to ease the tensions in the government bond markets.”
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