- Inflation has begun to slow
- I don't see a wage-price spiral in the eurozone
The market is full priced for at least 50 bps on March 16 but there's a 35% chance they go to 75 bps.
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Lagarde repeats that the ECB intends to hike 50 bps in March
Lagarde repeats that the ECB intends to hike 50 bps in March
- The market still thinks 75 bps is in play
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