With another 50bps rate hike at the European Central Bank’s March meeting looking like a done deal, all eyes will be on how policymakers signal the path ahead for monetary tightening. Will the resilience seen in some of the recent data be reflected in the Bank’s messaging? How high is the Bank now prepared to push the policy rate to tame inflation?
Chief Euro-zone Economist Andrew Kenningham held a 20-minute online preview of the March meeting with economists from across our euro-zone and financial markets teams. Andrew and the team answered client questions as they addressed key issues, including:
- Prospects for economic growth and inflation;
- The outlook for interest rates and the ECB’s other policy tools;
- What all of this could mean for euro-zone financial markets.