ECB's Nagel: Markets see over 95% probability of a September rate hike
The European Central Bank (ECB) Governing Council member Joachim Nagel said on Wednesday that markets see over 95% chance of a September rate hike.
Key quotes
Markets see >95% probability of a September rate hike.
Germany must accept a deficit rise for a certain period.
Current German government spending must be exceptional.
Market reaction
At the time of writing, the EUR/USD pair is down 0.09% on the day at 1.1580.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Flashes the Bart Simpson Pattern After a 25% August Rally
Silver Price Forecast: XAG/USD rebounds to near $64, US private labor data awaited
SOL falls below $100
British Pound: Downside risk toward 1.3480 against US Dollar – UOB
Crypto prices
More
