Central Banks
How Much ECB Hikes This Week Hinges on One Data-Packed Morning
- All eyes on Tuesday’s inflation and bank-lending reports
- Officials are choosing between a 25 or 50 basis-point increase
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This week’s interest-rate decision by the European Central Bank is going down to the wire as officials await two key economic reports arriving just one day before they convene.
Tuesday morning will first see the release of the ECB’s quarterly survey of bank lending — offering a first glimpse into how the recent financial-sector turmoil has impacted credit growth.