European Central Bank widely expected to raise interest rates at upcoming meeting amid persistent inflation

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European Central Bank widely expected to raise interest rates at upcoming meeting amid persistent inflation

⚡ Markets: The expected rate hike is largely priced in; forward guidance on the terminal rate will drive markets. A hawkish tone amid energy price shocks could weigh on EU equities and strengthen the Euro.EURUSDStoxx 600German Bunds

The European Central Bank is almost certain to raise interest rates in its upcoming decision as it continues to battle inflation, which is at a near 3-year high. While the hike is anticipated, markets are focused on forward guidance regarding the terminal rate, especially with rising energy prices complicating the economic outlook.

West MSM: noneGoogle West 1Financial press 2Regional 13 countries

4 sources across the spectrum

Google WestGoogle News (Spain) — El BCE subirá los tipos de interés para detener la inflación, en máximos de casi 3 años

Financial pressWall Street Journal — Euro Firms on Dollar Weakness, Anticipated ECB Rate Hike

Financial pressMarketWatch — The ECB is virtually certain to hike rates Thursday. Here is why Wall Street is bracing for what comes next.

RegionalAnadolu Agency — ECB to hike rates again due to inflationary pressures

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