• ECB’s Šimkus: Expect a 25 bps rate hike in June and July

Noticias del mercado

30 mayo 2023

ECB’s Šimkus: Expect a 25 bps rate hike in June and July

European Central Bank (ECB) Governing Council Gediminas Šimkus said on Tuesday that he expects a 25 basis points (bps) rate hike in June and July.

Markets are currently pricing an 87% probability of a 25 bps ECB rate hike next month.

Market reaction

EUR/USD is consolidating the latest upswing at around 1.0730, adding 0.11% on the day, at the time of writing.

Enfoque del mercado
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