Technical Analysis

Goldman Sachs now sees ECB terminal rate at 3.25%

The firm now sees another 50 bps rate hike in February and March, before a 25 bps rate hike in May with rates peaking there. If you’re wondering, they are referring to the deposit facility rate – which was raised to 2.00% yesterday here. The revision by Goldman Sachs fits with what we have seen from other houses as well, as seen yesterday here.

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