ECB will hike in April and June, Goldman says
Economists at Goldman Sachs have cut their euro-area growth forecasts to 0.7% and expect the European Central Bank to hike interest rates in April and June. Markets are pricing in a 91% chance of an ECB hike in April and an 86% chance of another increase in June.
Goldman Sachs economists have reduced their euro-area growth forecasts to 0.7%. They expect the European Central Bank to raise interest rates in April and June. Markets predict a 91% chance of an April hike and an 86% chance of a June hike. The forecast cut is due to economic conditions. The European Central Bank's decision will impact the economy.
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