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April ECB cheat sheet: Ready, aim, hold
April 23, 2026
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EUROPE: Markets have two convictions: that the ECB will hold in April, and it will hike in June. We don’t expect either of them to be challenged at next week’s meeting. The rates market may also have little reason to revise expectations for two hikes in 2026. It’s a supporting argument for the euro, but not enough to edge out global equities and oil as the main drivers
ING Think
Coverage and analysis from Netherlands. All insights are generated by our AI narrative analysis engine.
Netherlands
Bias: center
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