ECB to raise its deposit rate to 2% most likely by end-2022 – ABN Amro ECB InterestRate Banks
raised its key policy rates by 75 bps at its September meeting. In their revised base case, economists at ABN Amro see another 75 bps hike in October, followed by a 50 bps step in December.“We now expect the ECB to raise its deposit rate to 2% most likely by end-2022. In our revised base case, we see another 75 bps hike in October, followed by a 50 bps step in December. The policy rate then settles at 2% through 2023.
“We had previously signalled a peak rate of 1.5%. We saw the risks to our previous peak rate call as being skewed to the upside, but we see the risks to our newInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
France Dernières Nouvelles, France Actualités
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