Central Banks
ECB Debate Looks to March With This Week’s Hike Assured
- Governing Council’s views diverge on path for interest rates
- Outlook has shifted since Lagarde’s December pledge on rates
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The European Central Bank’s first interest-rate decision of 2023 is just days away, but the focus has already shifted to what will happen beyond that.
A half-point hike is all but guaranteed on Thursday after President Christine Lagarde and many of her colleagues doubled down on a pledge from their last gathering in December.