金十数据|Apr 28, 2026 10:28
[Institution: ECB Rate Decision May Focus More on Growth Risks Rather Than Inflation Concerns]
Jin10 Data, April 28 – Gabriele Foa, global credit portfolio manager at asset management firm Algebris Investments, stated in a report that European Central Bank policymakers may focus relatively more on growth risks rather than inflation concerns in their policy decisions on Thursday.
He noted that data across Europe continues to be weak, contrasting with the more resilient growth momentum seen in the U.S. and the U.K. Despite growth risks, the market has priced in more than two rate hikes by the ECB before the end of 2026—according to data from the London Stock Exchange Group, the market expectation is 66 basis points.
Foa commented: 'Growth expectations are being revised downward, although the scale of the downward revision is relatively small compared to the potential downside risks.' He pointed out that the market is unlikely to tolerate further fiscal slippage without demanding higher compensation at the long end of the yield curve.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink