ECB's Knot (Netherlands): ECB set to raise interest rates by 50bps in both Feb and Mar; More steps will follow in May and June
- It is too early to tell if the ECB could slow down the pace of its rate increases by the summer 2023
- At some point, of course, the risks surrounding the inflation outlook will become more balanced; That would also be a time in which we could make a further step down from 50bps to 25bps, for instance. But we are still far away from that