We expect the ECB to keep policy rates unchanged, with the deposit rate at 2.25%, on Thursday 23 July, in line with consensus and market pricing. We expect Lagarde to keep full optionality on the future policy rate path, leaving the door open to a September hike, but without pre-committing. We expect a final 25bp […]
The post ECB Preview: ECB on Hold, but Not for Long appeared first on ActionForex.
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