✉news BusinessBanking first seen 16 h ago, last 1 min ago, peak #14
ECB policymakers dampen near-term rate hike bets
Original: ECB policymakers, accounts dampen near-term rate hike bets
European Central Bank policymakers and the publication of the ECB's meeting accounts have pushed back against expectations of an imminent interest rate hike. Traders had been betting on earlier tightening, but signals from Governing Council members and the accounts suggest rates are likely to stay on hold in the near term, easing market speculation.
Why now: Markets were repricing ECB rate expectations after policymakers and meeting accounts signalled no near-term hike.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1492531