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‘The market has probably overreacted’: why Credit Suisse won’t deter the ECB’s fight on inflation

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Analysts have predicted that the ECB will keep hiking rates at its next meeting in May but warn that the next six weeks will be crucial

The European Central Bank is unlikely to be swayed from its strategy of raising interest rates, analysts have told the Business Post, amid cautious hope that the turmoil that has engulfed some elements of the banking sector won’t spread further in Europe.

However, market watchers have warned that the health of the financial sector over the next six weeks will be crucial in determining what happens next when it comes to how expensive borrowing ...

 

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