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Morgan Stanley now forecasts ECB terminal rate of 3.75% (previously 4%)

  • Another one to add to the list of lower revisions for the ECB rate outlook today
Justin Low
17/03/2023 | 10:40 GMT

This is still higher than the 3.50% terminal rate forecast from both Goldman Sachs and HSBC earlier today here:

  • Goldman Sachs expects ECB to hike rates by 25 bps in May next
  • HSBC sees two more 25 bps rate hikes by the ECB to follow

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