ECB sources: Three officials wanted 50 bps instead of 75 bps

  • Fresh 'sources' report

The report says the 75 bps hike wasn't unanimous and that three doves only wanted to hike by 50 bps. The report notes that ECB comments about 'progress' weren't meant to imply slower hiking.

It's the latter remark that's moving the market with the euro bouncing on the potential for another 75 bps hike.

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