What To Expect From ECB Today?
Published on: Dec 14, 2023|1 min read
London: 14 December 2023 (TraderMade): The European Central Bank (ECB) is expected to keep its hawkish boots laced for a second consecutive round today, maintaining multi-year high-interest rates in the face of a slowing economic waltz.
ECB May Hold Rates, But Dovish Drums Beat Louder While inflation's fiery tango might be tempering, the ECB remains committed to taming the
beast, holding the crucial refinancing rate at its 22-year high of 4.5% and the deposit facility rate at its record 4%.
The ECB's hawkish melody might dominate the stage today, but undercurrents of dovishness are gaining volume. President Lagarde's words will be the musical score investors eagerly follow, searching for hints of a shift in rhythm.
Lagarde Steps Up the Tempo
Will Lagarde confirm cuts or keep the hawkish beat? Eurozone's dance floor waits for the next move!
