Well, market odds have already priced in at least 75 bps for both July and September combined. It is now down to the ECB to deliver on that as such. ECB policymaker Kažimír is also out saying that negative rates "should be a thing of history" by September.
ECB's Rehn: It is very likely that September rate hike is bigger than 25 bps
- Further remarks by Rehn
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