ECB to hike interest rates in June – Reuters poll
According to a Reuters poll, the European Central Bank (ECB) will hike the deposit rate by 25 basis points (bps) to 2.25% in June, said 59 of 70 economists (vs 44 of 85 in April survey).
The anticipated interest rate hike by the ECB is likely to strengthen the Euro against other currencies. Market participants may react positively, leading to a bullish trend in Euro-related forex pairs.
According to a Reuters poll, the European Central Bank (ECB) will hike the deposit rate by 25 basis points (bps) to 2.25% in June, said 59 of 70 economists (vs 44 of 85 in April survey).
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