ECB set to deliver 50 bps rate hike in May – Goldman Sachs

…
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)]

Analysts at Goldman Sachs now expect the European Central Bank (ECB) to raise its rate by 50 basis points (bps) in May, compared to the 25 bps rate hike projection in a research note earlier this week.

Also read: Eurozone Inflation Preview: Eyes on monthly HICP amid heightened hawkish ECB bets

“The bank now forecast peak by the European Central Bank to 3.75% by June (versus the previous forecast of 3.50%) citing,

higher than expected Spanish and French inflation numbers.

remarks from ECB chief economist Lane this week to the effect that rates will be held higher for longer.”

[/s2If]
Join Our Telegram Group