ECB policymakers leaning toward a 50 bps hike – Reuters – by eren_fxstreet ECB CentralBanks EURUSD
Despite turmoil in the banking sector, policymakers expect inflation to remain too high in the
. Additionally, the Governing Council doesn't want to damage its credibility by ditching the 50 bps rate increase after having repeatedly noted that this was their intention.EUR/USD showed no immediate reaction to this headline and the pair was last seen trading virtually unchanged on the day at 1.0735.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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