ANZ analysts believe that the ECB will not pause its tightening cycle. The ECB is expected to raise rates by 25 basis points this week to balance the lagged effects of previous hikes, recent banking turmoil and further rate hikes. However, before the meeting, the ECB will release the latest bank lending survey, M3 data, unemployment rate and preliminary April CPI data.
The ECB will take this information into account when deciding how much to raise interest rates. Clearly, if the annual rate of core inflation is still climbing, while bank lending conditions and credit conditions remain good, the ECB may raise interest rates by 50 basis points.
The issue for the ECB is how long inflation will persist and whether second-round effects are emerging. The bank’s tightening policy may continue into the third quarter.
Goldman Sachs, Trafigura See Copper Price Skyrocketing to All-Time High, Citing Stocking Out
Weak Electric Vehicle Pricing Will Spread To New Car Market, Analyst Says
JP Morgan Chase, Citigroup and Deutsche Bank See US Recession in the Cards
IEA: Global Electric Vehicle Sales Proliferated in 2022, China Led the Growth
![Preços elevados do cobre suprimem as compras a jusante; taxa de operação e novos pedidos continuam em declínio [Análise Semanal do Mercado de Fios Esmaltados SMM]](https://imgqn.smm.cn/usercenter/mPNrH20251217171709.jpg)
