Walter BloombergFinance

🇪🇺ECB SET FOR JUNE HIKE, JULY MOVE UNCERTAIN Sources say the European Central Bank is close to sealing a June rate hike decision, driven…

🇪🇺ECB SET FOR JUNE HIKE, JULY MOVE UNCERTAIN Sources say the European Central Bank is close to sealing a June rate hike decision, driven by persistent energy-driven inflation near 3%, well above its 2% target. However, officials are expected to avoid committing to a July follow-up, citing weak growth, uncertain energy prices, and limited signs of second-round inflation effects. While markets price multiple future hikes, policymakers see scope to pause after June and reassess in September, depending on inflation and geopolitical developments.
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