ECB rate announcement tomorrow morning!!!

Discussion in 'Economics' started by S2007S, Apr 6, 2011.

  1. S2007S


    Markets are watching this very carefully, ECB President Trichet has already talked about raising rates, I don't think he wants to lose his credibility so I think a .25% increase to 1.25% from 1.00% is going to occur, I give it about a 99% chance.

    A hike of .50% to 1.50% I would only think a 5% chance however futures traders are pricing in that option with almost 50%....

    Going to be an interesting day tomorrow morning before the market opens.
  2. This is incorrect...
  3. S2007S