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