ECB minutes from the latest meeting revealed a divided Governing Council. Some members argued for a pause in rate hikes given incoming data. Others saw a case for mildly restrictive rates and would not have opposed a hike. One view held another hike likely necessary unless inflation improves significantly.
Sentimentbearish 35
Bearish · 35 of 100
Impact40
low · stays off the top drivers
Confidence70%
moderate confidence · 4 wires
Eventdeveloping
v4 · alerts feed only
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ECB accounts: Another rate hike likely necessary unless inflation outlook improves significantlybearish 35 · impact 40
ECB accounts show some members would not have opposed a rate hikeneutral 50 · impact 20
ECB accounts show members stressed case for rate-hike pausebullish 60 · impact 10
ECB account shows some members favored mildly restrictive ratesneutral 50 · impact 10 · this page
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