The European Central Bank (ECB) is set to announce its Monetary Policy Decision on Thursday, September 14 at 12:15 GMT and as we get closer to the rel
Decision on Thursday, September 14 at 12:15 GMT and as we get closer to the release time, here are the expectations as forecast by the economists and researchers of 10 major banks.
Markets are split. Of the 49 analysts polled by Bloomberg, 26 see no change and 23 see a 25 bps hike to 4%, while in the Reuters poll, a small majority of experts assume that the ECB will not raiseWhile a hike and a hold are almost equally likely, we now expect the ECB to keep the deposit rate unchanged at 3.75% at the September meeting. We also think this will mark the end of the tightening cycle, though risks still remain around an October hike.
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