UBS: The European Central Bank is expected to raise interest rates by 25 basis points in June and September

According to Jinshi reports, economists at UniCredit Bank stated in a report that the European Central Bank is likely to keep interest rates unchanged this week, but is expected to raise rates by 25 basis points in June and September.

They pointed out that, assuming the economy does not encounter problems, the likelihood of future rate hikes is greater than that of no hikes. The European Central Bank will release its latest macroeconomic forecasts in June to more accurately assess the risks to price stability.