European CCI Rebounded, European Central Bank Expected to Raise Interest Rates by 50 Basis Points in March

게시됨: Mar 21, 2023 14:53
출처: SMM
The consumer confidence index (CCI) in the Eurozone rose from -20.7 in January to -19 in February. Some economic indicators in Europe have picked up recently, but inflation remains high. The market expects the European Central Bank (ECB) to continue to raise interest rates, with a probable 50-basis-point rate hike in March.

The consumer confidence index (CCI) in the Eurozone rose from -20.7 in January to -19 in February. Some economic indicators in Europe have picked up recently, but inflation remains high. The market expects the European Central Bank (ECB) to continue to raise interest rates, with a probable 50-basis-point rate hike in March. If the Fed raises interest rates by 25 basis points in March, the euro will once again contain the dollar in the short term.

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European CCI Rebounded, European Central Bank Expected to Raise Interest Rates by 50 Basis Points in March - Shanghai Metals Market (SMM)