ECB holds to measured path as Lagarde cools bets on bigger rate move
What's new: Traders cut year-end hike bets to 33 basis points from 37, while Germany's 2-year yield fell 6 basis points.
What's new: Traders cut year-end hike bets to 33 basis points from 37, while Germany's 2-year yield fell 6 basis points.
Why it matters: Officials see lasting inflation pressure as energy supply, shipping and inventories recover only gradually.