December 15, 2022
Europe | A hawkish ECB offsets softer hike with ‘no pivot’ warning and launches QT
ECB opted for a smaller 50 bps hike, but judged rates to be raised significantly at a steady pace of 50bp going forward until they reach their terminal rate, which will be decided on a meeting-by-meeting basis.
- Geography Tags
- Europe
- Topic Tags
- Central Banks
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