ECB Vujcic cools oil-fuelled rate hike bets
ECB Vice President Boris Vujcic warned that market bets on further interest rate hikes driven by energy costs are premature. He emphasized that policymakers will evaluate a broader set of economic data.
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ECB Vice President Boris Vujcic pushed back against rate-hike wagers driven by surging Brent Crude Oil prices, signaling a broader data review. Money markets price three to four rate increases through late 2027. Energy costs have climbed following wider conflict in the Middle East.
