Standard Chartered Forecasts 25 Basis Point ECB Hike
Standard Chartered expects a 25 basis point ECB hike in June. Officials may raise rates twice unless energy prices ease or a peace agreement is reached soon.
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STANDARD CHARTERED PLC expects the European Central Bank to hike interest rates 25 bps in June. The bank previously forecast rates would remain steady through 2026. A shift toward tightening suggests higher borrowing costs and potential volatility for the EUR/USD pair.
Standard Chartered revised its outlook following hawkish remarks from policymakers on midday Thursday. The bank cited a shift in central bank sentiment as the primary driver for the 25 bps increase.
