LONDON, March 14 (Reuters) - Deutsche Bank said on
Tuesday that the European Central Bank now seems more likely to
raise interest rates by 25 basis points on Thursday, less than
the 50-basis-point hike previously expected, in light of the
collapse of Silicon Valley Bank.
The bank's analysts, led by chief economist Mark Wall, said
they would not rule out the ECB temporarily holding interest
rates if markets have not stabilised by Thursday.
(Reporting by Harry Robertson; Editing by Andrew Heavens)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.