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The ECB will almost certainly hike rates next week, and the markets’ focus is on the path for policy rates after September. We maintain that policymakers will probably hold rates at 2.50% for an extended period, but risks are skewed to further hikes. Those hikes will only materialise if price pressures spreads beyond energy inflation and the economy remains resilient
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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