Latest Breaking News On - Deposit rate - Page 10 : comparemela.com

expect today? yes, so in a similar move expect today? yes, so in a similar move to expect today? yes, so in a similar move to the - expect today? yes, so in a | similar move to the federal reserve, we are expecting a 25 basis point rate hike here from the ecb so that would take the deposit rate to 3.75% and it would mark the ninth straight hike from the ecb. now, this rate hike was as good as promised by ecb president christine lagarde in thejune meeting so the markets are very much pricing that in. the big question here is what comes next and it is quite interesting because in contrast to the us, we are seeing signs of slowing, of an economic downturn, much more acute in the eurozone, we have had data out this week which has shown that business activity is contracting in the eurozone, we have had german iif business confidence done at an eight month low and we have seen demand for loans has dropped to a record low. that really does imply that as

Exist of a jumbo hikeEuropean central bankDeposit rateBasis point rate hike23 75The big questionChristine lagardeRate hikeThejune meetingBusiness confidenceBusiness activity