ECB Review: A “No-Brainer” Hike and More to Follow

Wait 5 sec.

The ECB hiked policy rates by 25bp at the September meeting, with the deposit rate at 2.50%, in line with consensus and market pricing. The communication at the meeting, including the new projections, came as a very hawkish surprise to markets. The ECB revealed a firm focus on energy prices in its reaction function, so […]The post ECB Review: A “No-Brainer” Hike and More to Follow appeared first on ActionForex.