ECB’s Holzmann: Rates will be higher in a year

…
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)]

European Central Bank member Robert Holzmann has stated that the central bank’s rates will be higher in a year but hikes will be data-dependent. he adds that they underestimated the pace of inflation gains and that the ECB could have begun hiking sooner.

Meanwhile, markets appeared to be returning to normal on Wednesday following the prior day’s volatility that came on the back of the US inflation data. The euro regained some composure and is up 0.11% at 0.9977 after recovering from 0.9955 earlier in the day.

[/s2If]
Join Our Telegram Group