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Aviva Investors Signals ECB Rate Hike Expectations May Have Overshot on July 23

2026-07-23 12:37:02

According to Jin10, Ed Hutchings, head of developed market rates at Aviva Investors London, on July 23 signaled that market expectations for further European Central Bank rate hikes may have gone too far. While Hutchings noted that the ECB's current priority of addressing inflation makes continued rate increases reasonable, he indicated that with over two additional hikes already priced into the market, the forward guidance appears to be showing signs of excess.

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