ECB Hike Is Priced In: Why the Euro and Yen Could Still Rally

The ECB is widely expected to hike rates by 25 basis points — but what happens if Lagarde stays hawkish? Beat Nussbaumer and Guenter Grimm break down the ECB’s inflation problem, why the dollar is looking increasingly vulnerable despite strong US data, and why the yen’s recent surge may signal a much bigger shift in global capital flows. They also discuss the key CPI and PPI data ahead, BOJ rate hike expectations, and the risks building in the US bond market.Follow Beat on X: x.com/MacrobeatLTry our 24-hour news squawking service for FREE! 👇⁠⁠https://www.livesquawk.com/#sign-up⁠⁠⁠Follow us on X: ⁠⁠⁠https://x.com/LiveSquawk⁠⁠