Post by Indosuez Wealth Management
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ECB June Meeting: Policy at a Crossroads Today, the ECB raised its reference rate by 25 bps to 2.25%—its first hike in nearly three years—responding to persistent inflation risks. President Lagarde signalled caution, avoiding any commitment to a prolonged tightening cycle. At Indosuez Wealth Management, we see inflation remaining elevated and expect another rate hike in July, but not an extended cycle. Our forecasts point to subdued growth and ongoing energy-related risks for the Euro Area. #BeyondInsights #ECB #IndosuezWealthManagement #MonetaryPolicy