Latest Articles

Dollar gains, stocks teeter as US data suggests rates to stay higher

The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...
HomeFOREX75 basis points is the largest rate hike since 1999, and 50...

75 basis points is the largest rate hike since 1999, and 50 basis points leaves room for interest rate hikes. Where does the European Central Bank go?

Nomura Securities: It is expected that the European Central Bank will raise interest rates by 75 basis points, and will raise interest rates by 50 basis points in October and December, reaching a peak of 2% in February next year, and cutting interest rates in September;
Australia and New Zealand Bank: The European Central Bank is expected to raise interest rates by 75 basis points, and the risks of economic downturn and inflation will increase, and the final deposit rate forecast will be raised by 50 basis points to 2%;

ABN AMRO: The European Central Bank is expected to raise interest rates by 75 basis points, and this large rate hike will not cause a shock, although the market has not fully priced in a 75 basis point rate hike;
Danske Bank: It is expected that the ECB will raise interest rates by 75 basis points, will not change the reinvestment plan, and the deposit rate will eventually reach 1.5%;
Nordea Bank: The European Central Bank is expected to raise interest rates by 75 basis points, and is most likely to raise interest rates at a similar pace in October;

Commerzbank: The European Central Bank is expected to raise interest rates by 75 basis points, and a 50 basis point rate hike is not ruled out. In early 2023, the deposit rate will reach 1.75%;
Bank of Montreal: The European Central Bank is expected to raise interest rates by 75 basis points, and the sustainability of the euro’s strength will depend more on the dollar, credit conditions and energy prices;
Societe Generale: It is expected that the European Central Bank will raise interest rates by 75 basis points, and the next two meetings will raise interest rates by 50 and 25 basis points respectively, and the deposit rate will enter a neutral range;
TD Securities: The European Central Bank is expected to raise interest rates by 50 basis points, and 75 basis points of interest rate hikes are not ruled out, but it is expected to have little boost to the euro;

Citibank: The ECB is expected to raise interest rates by 50 basis points, and the ECB may expect inflation to be above target or a severe recession in 2024;
ING Bank: The European Central Bank is expected to raise interest rates by 50 basis points, and 75 basis points of interest rate hikes are not ruled out, but it is difficult to continue raising interest rates when a recession occurs in winter;
Rabobank: The European Central Bank is expected to raise interest rates by 75 basis points, and a 50 basis point rate hike is not ruled out. Lagarde will say that this 75 basis point rate hike is not a precursor to the same rate hike in the future.