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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