Comments from the Dutch central bank President:

• ECB very vigilant on possible second round effects
• ECB likely to have more info on second-round effects in April, but data will be limited

More than any other central bank, the ECB has made a hawkish pivot in the wake of the energy price spike. That’s awfully reminiscent of 2007 and Trichet’s missteps.

The market is now priced at 60% for an April hike and a total of 65 bps this year.

This article was written by Adam Button at investinglive.com.



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