European Central Bank's De Guindos: If unfavorable scenario does not materialize, the current market expectation of two rate hikes is a reasonable expectation.

The European Central Bank's De Guindos said that if the unfavorable scenario does not materialize, the market's current expectation of two rate hikes is a reasonable expectation. Patience should be maintained, and no hasty decisions should be made. The economy may be moving towards an unfavorable scenario for the ECB. Currently, inflation expectations remain well-anchored, and pricing signals from businesses will be key.