0556 GMT - Goldman Sachs affirms its forecast for two interest-rate hikes by the European Central Bank this year, but it pushes back their timings, analysts Sven Jari Stehn and Alexandre Stott say in a note. They expect the ECB to raise interest rates in June and September, versus their previous expectation of April and June. "This is because we expect energy prices to remain persistently high through the year, significant pass-through into inflation is likely in coming months and the ECB's communication has remained largely hawkish on the path ahead," they say. Money markets also price in two rate hikes of 50 basis points in total for this year, according to LSEG. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
April 16, 2026 01:56 ET (05:56 GMT)
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