> ECB sources: Risk of doing too little currently still greater than doing too much

ECB sources: Risk of doing too little currently still greater than doing too much

Econostream reporting citing ECB sources

Tuesday, 25/04/2023 | 16:24 GMT

Econostream is reported from ECB sources that:

ECB more likely to hike by 25 basis points rather than 50 basis points
risk of doing too little currently still greater than risk of doing too much
it would require a "quite negative" inflation surprise in April

The markets are currently favoring a 25 basis point hike (70% probability). Preliminary CPI data will be released on Friday and will go a long way toward shaping the right decision. The ECB will announce their right decision on Thursday of next week.