ECB rate-hike risks seen elevated as euro yields surge, ING says
ING’s Carsten Brzeski says an ECB rate hike next week seems likely, but further tightening could raise eurozone economic risks. The concern is heightened by surging bond yields tightening financing conditions.
While an interest-rate hike by the European Central Bank next week seems likely, further tightening could pose growing risks to the eurozone economy, ING's Carsten Brzeski says in a note.
The risk is heightened by surging bond yields, which are tightening financing conditions and putting pressure o…