{"id":436607,"date":"2026-05-07T09:16:08","date_gmt":"2026-05-07T09:16:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/436607\/"},"modified":"2026-05-07T09:16:08","modified_gmt":"2026-05-07T09:16:08","slug":"ecbs-nagel-the-ecb-is-likely-to-hike-rates-unless-the-outlook-improves-markedly","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/436607\/","title":{"rendered":"ECB&#8217;s Nagel: The ECB is likely to hike rates unless the outlook improves markedly"},"content":{"rendered":"<p>The ECB is likely to hike rates unless the outlook improves markedly<\/p>\n<p data-v-6bf95c48=\"\">This is the exact same thing he said on Monday, so there&#8217;s nothing to see here. The ECB has already signalled that a rate hike in June is coming unless the war ends and oil prices fall significantly before then.<\/p>\n<p data-v-6bf95c48=\"\">The market is pricing in a 72% probability of a rate hike at the next meeting. It&#8217;s not 100% because there&#8217;s still a good chance that the war really ends before then and once the Strait of Hormuz is reopened, oil prices will almost surely fall quickly.<\/p>\n<p data-v-6bf95c48=\"\">That&#8217;s why US-Iran headlines continue to be the main driver of basically every asset class. The global economy depends on the Strait of Hormuz. <\/p>\n","protected":false},"excerpt":{"rendered":"The ECB is likely to hike rates unless the outlook improves markedly This is the exact same thing&hellip;\n","protected":false},"author":2,"featured_media":109278,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-436607","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/436607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=436607"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/436607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/109278"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=436607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=436607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=436607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}