March 23 (Reuters) - Goldman Sachs said on Monday it expects the European Central Bank to deliver two 25 basis point interest rate hikes in April and June, joining peers J.P.Morgan and Barclays as
Goldman Sachs Sees ECB Hiking Rates in April and June on Inflation Concerns
Goldman Sachs Revises ECB Rate Hike Forecast Amid Inflation Risks
Expected Rate Hikes in April and June
March 23 (Reuters) - Goldman Sachs said on Monday it expects the European Central Bank to deliver two 25 basis point interest rate hikes in April and June, joining peers J.P.Morgan and Barclays as policymakers signal inflation risks driven by the Middle East war.
Previous Forecasts and Policy Stance
The brokerage previously expected the central bank to maintain rates steady throughout this year.
ECB’s March Policy Meeting and Outlook
At its March policy meeting, the ECB left interest rates unchanged but indicated that it was closely watching growth and inflation risks posed by surging oil prices and was ready to act if necessary.
(Reporting by Kanchana Chakravarty in Bengaluru; Editing by Rashmi Aich)
