Will ECB President Christine Lagarde explicitly state that 'further rate hikes are likely' in her press conference following the July 2023 monetary policy meeting?

Nagel's comments suggest a willingness to continue tightening monetary policy. Lagarde's forward guidance is a key indicator of future ECB actions, and a strong statement would confirm this hawkish sentiment.

Implied probability (Yes)

60%

Closes

2026-09-10