✉news BusinessBanking first seen 22 h ago, last 2 h ago, peak #14
ECB policymakers dampen expectations of near-term rate hike
Original: ECB policymakers, accounts dampen near-term rate hike bets
European Central Bank policymakers, along with the publication of the bank's meeting accounts, have signalled that a near-term interest rate hike is unlikely, prompting investors to scale back bets on an early move. Markets had been pricing in the possibility of tighter policy sooner, but the comments and accounts suggest the ECB intends to keep rates on hold for now.
Why now: Traders and investors are adjusting their expectations for ECB monetary policy after officials and meeting records pushed back on the idea of an imminent rate rise.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1492531