Barclays now forecasts ECB will raise rates by 25bps each in April and June vs. previous hold outlook

Barclays' shift to forecasting a 25bps hike from the ECB in both April and June signals a more aggressive tightening stance than previously anticipated.

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Context

This could indicate a reassessment of the European inflation outlook, which might lead to increased volatility in the euro and European bonds as markets adjust to this new expectation.

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