ECB Insider: I’d support another 50 BP hike, unless…


There is a report from Econostream Media that an ECB insider is talking. More specifically, the unnamed source says:

  • I do support another 50 basis point hike in May, unless economy or core HICP softens
  • NO doubt that we are still in a tightening mode
  • no hurry to decide our next move, can wait until the time comes
  • 50 basis point hike not much when real interest rates clearly negative
  • 4.5% terminal rate only if inflation turns out unexpectedly persistent

You can read the full report HERE:

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