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ANZ sees ECB hiking again in December, lifting deposit rate to 2.75% - investinglive.com
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ANZ sees ECB hiking again in December, lifting deposit rate to 2.75% investinglive.com
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4 itemsEamonn Sheridan
ANZ sees ECB hiking again in December, lifting deposit rate to 2.75%
The desk sees a heightened probability of a further ECB rate hike in December, aligning with ANZ's expectation of a 2.75% deposit rate. This outlook is underpinned by the escalating geopolitical tensions impacting energy prices, while positioning in the euro markets is likely to rely heavily on upcoming economic data and geopolitical developments. Per the full note [source], ANZ suggests markets have already priced in a substantial chance of an October hike, making any additional shifts in the ECB’s stance key news for traders.
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