ECB’s de Guindos: Number and size of hikes will be determined by data
…
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 (ECB) Vice President Luis de Guindos said on Tuesday that they will continue to raise rates over the coming months and added that the number and size of the hikes will be determined by the data, as reported by Reuters.
“For 2023, growth will be very low, below 1% in the base case,” de Guindos added. “Higher interest rates will have a clear impact on corporate solvency.”
The EUR/USD pair continues to trade in positive territory above 0.9600 after these comments.
[/s2If]
Join Our Telegram Group
