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ECB, the market doubts Thursday's 50-point squeeze

2023-03-13T13:11:56.829Z


The turbulence triggered by the failure of the Silicon Valley Bank prompts traders to question whether the ECB will raise rates by half a percentage point on Thursday, an outcome indicated as highly likely by the president Christine Lagarde in the conference... (ANSA)


(ANSA) - MILAN, MARCH 13 - The turbulence triggered by the bankruptcy of the Silicon Valley Bank is pushing traders to question whether the ECB will raise rates by half a percentage point on Thursday, an outcome indicated as highly likely by President Christine Lagarde in the press conference following the last meeting of the European Central Bank.

On the money market, where forecasts on the ECB's terminal rate have already been cut to just over 3.5%, the hypothesis of a half-point rise has only 50% of the possibilities, reports Bloomberg.

(HANDLE).


Source: ansa

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