Economic news
Morgan Stanley sees ECB ending its rate hike cycle in July at 3.75%
2023.06.05 02:21
© Reuters. FILE PHOTO: A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photo
PARIS (Reuters) – U.S. investment bank Morgan Stanley (NYSE:) said on Monday that it expected the European Central Bank (ECB) to end its interest-rate hiking cycle in July at 3.75%.
“We see the ECB ending its hiking cycle in July at 3.75%. Fiscal policy remains supportive,” it wrote in a research note.
