MONETARY AFFAIRS:

Review: “Non-Pausing” ECB Increases Rates, Signals Further Hikes and Will Stop APP Re-investment in July

by Brunello Rosa and Nato Balavadze

4 May 2023

In this paper we discuss:

• The ECB's latest assessment of the EZ economy;
• What the ECB did in May and is likely to do in coming months;
• How the economy has evolved compared to March's macro projections; and
• The market implications of all the above.

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Download PDF: R&R Flash ECB Review - May 2023

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