ECB’s Visco says the pace of further rate hikes beyond March will continue to be decided on the basis of incoming data and its impact on the inflation outlook

Related Posts

• TRADERS FULLY PRICE 50BPS ECB RATE HIKE IN MARCH FOR FIRST TIME

• TRADERS FULLY PRICE 50BPS OF BOE RATE HIKES BY MAY

• Fed’s Bostic (2024 voter, neutral) maintains view Fed policy rate needs to rise to 5.00-5.25% range, policy rate will need to remain at that level well into 2024

  Fed’s Bostic (2024 voter, neutral) maintains view Fed policy rate needs to rise to 5.00-5.25%…

• FOMC Minutes: A few participants favoured raising rates by 50bps; all agreed more rate hikes needed Almost all participants observed that slowing the pace of rate increases at the current juncture would allow for appropriate risk management.

• FOMC hikes by 25bps to 4.50-4.75%, as expected; reiterates ongoing rate increases will be appropriate

  Recent indicators point to modest growth in spending and production. Job gains have been robust…

• FED’S POWELL: WE WILL NEED TO DO MORE RATE INCREASES, THEN LOOK AROUND AND SEE IF IT’S ENOUGH.

• FED’S BULLARD: AT THIS POINT, I SEE POLICY RATE IN THE RANGE OF 5.25% TO 5.5% AS APPROPRIATE

• Fed’s Mester says new inflation data affirms the case for more Fed rate hikes and it is going to take more tightening for the Fed to get inflation back to 2%; view on inflation and economy has not been changed by the latest data, according to Reuters

• Fed’s Mester (non-voter, hawk) says going to have to do “a little more” on rate hikes; financial market alignment with Fed is much closer than before; her dot from December (“somewhat above 5%”) has not changed – CNBC interview

• Theta

  Understanding Theta in Options Trading Theta measures the rate at which an option’s price decreases…