A note from Barclays on Monday 6 June 2022, looking for 4 25bp rate hikes at policy meetings from July to December

  • and then one more hike after that in Q1 of 2023

So, a 0.5% deposit rate by the end of this year, then at 0.75% in Q1 next year/

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The meeting dates Barclays have projected the rate hikes for this year are boxed below:

ecb 2022 meetings