The market has lowered its expectations for the magnitude of the European Central Bank's interest rate hikes, now expecting a cumulative increase of 57 basis points by the end of December, equivalent to two rate hikes, while the probability of a thir

2026-04-01

The market has lowered its expectations for the magnitude of the European Central Bank's interest rate hikes, now expecting a cumulative increase of 57 basis points by the end of December, equivalent to two rate hikes, while the probability of a third rate hike is only 30%.