Unnamed source says ECB to hike its inflation forecasts, firms case for rate rise

Info via Reuters citing unnamed source

  • the European Central Bank’s new 2024 inflation projection to be above 3% vs 3% in June, firming
    case for interest rate hike
  • ECB to cut 2023 and 2024
    economic growth projections to broadly in line with market

The ECB meeting is on Thursday, a ‘source’ leak like this so close to the event would seem to lock in a rate hike, no?

This article was written by Eamonn Sheridan at www.forexlive.com. Source