ECB's Kazaks: A July rate hike would imply extremely quick, unlikely pace of taperingWith increased risk of persistent inflation, new new asset purchases become less necessaryThe headline is a bit of a blow to current market pricing, which is pushing for a 10 bps rate hike in June (yes, you read that right). I've mentioned before that feels overdone and the ECB will have one chance
Source: ECB's Kazaks: A July rate hike would imply extremely quick, unlikely pace of tapering (https://www.forexlive.com/centralbank/ecbs-kazaks-a-july-rate-hike-would-imply-extremely-quick-unlikely-pace-of-tapering-20220207/)
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