ECB set to deliver 50 bps rate hike in May – Goldman Sachs
|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
Additional takeaways
“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.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.