Standard Chartered shifts to June ECB rate hike forecast
Standard Chartered expects a June ECB rate hike of 25 basis points due to inflation. The bank previously projected no rate hikes through its 2026 outlook.
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STANDARD CHARTERED PLC now expects the European Central Bank to raise interest rates by 25 basis points in June. The United Kingdom-based brokerage previously projected no rate changes through 2026 following hawkish signals from Frankfurt. The ECB indicated that borrowing costs could rise as early as June as it steps up efforts to rein in surging inflation.
