ECB's Holzmann: September rate hike will be at least 25 bps

  • Adds that it could also be 50 bps or something in between

Yeah, I'm pretty sure we all got that message already yesterday. Either way, markets have already priced in 75 bps worth of rate hikes by September so unless the ECB doesn't play ball, there isn't much to digest from these sort of remarks moving forward.

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