Citi looks ahead to the Central Bank decision: the meeting is expected to be hawkish or lack new content

Sina Financial News Citi pointed out that the European Central BankIntrerest Rate decision in January should sound hawkish, but may not provide much new content, and may not wait until the Federal Reserve decision on January 31 to give more decisive guidance in the near future, it is worth noting that the next day (February 1) will be released the preliminary Eurozone harmonized consumer price index (HICP) for January. So far, the Central Bank’s largely consistent hawkish message has had little impact on markets. The Central Bank’s desire to avoid premature easing of financial conditions began in December, when the bank said that HICP forecasts, the most important of which were by the end of 2025, were conditional on the path of market Intrerest rates, with a deadline of 23 November, which clearly meant that the HICP forecast at market prices would be higher.