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ECB’s Makhlouf predicts 50bp rate hike is ‘where we will end up’

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  • We have not reached the stage where we are convinced that inflation is under control
  • Predicts there will be further rate hikes next year

This at least gives an idea of ​​what to expect, but overall the markets are probably leaning towards a 50 basis point move anyway at this point. The Fed could be the center of attention next week, but don’t forget about the ECB either.

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