Standard Chartered sees ECB hiking rates in June

Standard Chartered expects the European ​Central Bank (ECB) to ‌deliver a 25 basis point rate ​hike in ​its June meeting, compared to ⁠its previous ​forecast of steady rates ​through 2026, following hawkish remarks from policymakers, ​it said ​in a note on Thursday.

Policymakers speaking ‌to ⁠Reuters on condition of anonymity said they are ​likely ​to ⁠raise interest rates at least ​twice, starting ​in ⁠June, unless a peace deal ⁠is ​reached and ​energy prices ease.