Nomura Securities: European Central Bank expects interest rate hike in mid-2023

Nomura Securities announced on the 11th that it had revised its position on the pricing policy of the European Central Bank (ECB). Meetings in 2023, for example March, June, September and December. According to the figures, the PEPP is due to end in March of next year and real estate purchases planned by April will increase from 20 billion euros per month to 40 billion euros. This phase ends in 2022. Then, the European Central Bank will reduce its size to 20 billion euros per month in the first quarter of 2023 and then cancel all its purchasing plans in the spring. (Ten of gold)