Market talk says euro pricing ECB rate hikes may overshoot
Generali Investments’ Florian Spaete says markets have gone too far in pricing ECB rate rises. Eurozone money markets fully price a 25 basis-point hike this week and two further increases through 2027, LSEG data show.
Markets have gone too far in pricing interest-rate rises by the European Central Bank, Generali Investments' Florian Spaete said in a note. Eurozone money markets are currently fully pricing in a 25 basis-point rate hike this week and two further increases through 2027, LSEG data show. Beyond September...