Dutch Bank: The European Central Bank will raise its inflation forecast, and may increase interest rates by 25 basis points in July
According to Jinshi reports, Dutch Bank stated that European Central Bank President Lagarde had previously hinted that June would be a "suitable time" to assess the impact of the Iran conflict and update economic forecasts. Dutch Bank expects the European Central Bank to raise its inflation forecasts and suggests a possible further tightening of policy, with a potential rate hike of 25 basis points in July. Despite the slowdown in growth in the Eurozone, policymakers' concerns about inflation still outweigh their concerns about economic activity.
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