 In the accounts of ECBs December meeting, its noted that a large number of members initially expressed preference for a 75bps hike. But some of them expressed their willingness to agree on a 50bps if the majority were to support Chief Economist Philip Lanes proposal. That is, to rate interest rates by 50bps and to ... The post ECB accounts: Less frontloaded but steadier approach consistent with persistent inflation process appeared first on Action Forex... 