Another 50 bps rate raise due in March – UOB
Share: Economist at UOB Group Lee Sue Ann assesses the latest ECB event on February 2. Key Takeaways “The European Central Bank (ECB), at its first meeting of the year, lifted interest rates by 50bps. It also gave more details on how it intends to shrink its EUR5tn bond portfolio, reaffirming a monthly […]
ECB to Raise Rates, but Maybe Not As Much as Expected
Over the last several weeks, many ECB members have been making the case that rates need to go up. Not just that there needs to be at least a “double” hike at the coming meeting, but further hikes after that. Only Centeno intimated that the interest rate was getting near a level when hiking would […]
US Federal Reserve, ECB and BoE likely to raise interest rates
The attention of investors and traders will be drawn to the US Federal Reserve (Fed), European Central Bank (ECB) and Bank of England (BoE) monetary policy meetings scheduled for today and tomorrow. Market analysts suggest that the three central banks are likely to raise their benchmark interest rates in order to reduce inflationary pressures. On […]
Goldman Sachs raise China equity index target, ‘reopening’ evolves into ‘growth recovery’
Goldman Sachs target China’s CSI300 to 4800 had previously set their target at 4500 GS says China is evolving from “reopening” to a wider “growth recovery” theme — UBS also, says “we continue to hold a positive view on the China market”, citing: herd immunity occurring faster than expected undemanding valuations policy support likely to […]
Set to raise rates by 0.5% in Feb and March
Reuters reported that the European Central Bank (ECB) is set to raise interest rates by 50 basis points in both February and March and will continue to raise rates in the months after, ECB governing council member Klaas Knot said in an interview with Dutch broadcaster WNL on Sunday. “Expect us to raise rates by 0.5% […]
ECB’s Knot: “Expect us to raise rates by 0.5% in February and March … to not be done”
Dutch central bank governor and hence a European Central Bank Governing Council member, Klaas Knot, gave two separate interviews on Sunday. He said, when speaking with Dutch broadcaster WNL: “Expect us to raise rates by 0.5% in February and March and expect us to not be done by then and that more steps will follow […]