A 25bp interest rate rise next week, taking the deposit rate to 3.5%, looks like a done deal. We think that the ECB will also hint at a likely 25bp increase at the meeting in July and will emphasise that policy will remain restrictive for an extended period of time.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services