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Economist at UOB Group Lee Sue Ann reviews the latest ECB monetary policy meeting.
The European Central Bank (ECB) decided to raise its three key interest rates by 25bps, in line with our expectations. It also decided to set the remuneration of minimum reserves at 0%.
There was a lack of forward guidance on what the ECB might do next, but it modified the language to signal a shift from an explicit tightening bias towards an outright neutral stance.
Just like the ECB, we hold an “open mind as to what the decisions will be in Sep and in subsequent meetings”; though for now, we are keeping to our view of a pause in the current tightening cycle.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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