ECB to Hike Rates Again in December as Inflation Almost Doubles 2% Target: Reuters Poll
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4 Articles
ECB to hike rates again in December as inflation almost doubles 2% target: Reuters poll
By Indradip Ghosh BENGALURU, Oct 8 (Reuters) - The European Central Bank is expected to hold its deposit rate at 2.50% this month but raise it by 25 basis points in December as inflation runs nearly double its 2% target, a Reuters poll found. Most econ...
On September 10, the European Central Bank (ECB) raised its deposit rate from 2.25 percent to 2.5 percent. The next ECB meeting will be held on October 29. Market participants expect that interest rates will remain unchanged in October, and the ECB will most likely decide to raise them in December.
ECB Governing Council member Ante Zigman, in a statement made in Porec on October 8, assessed the ECB's roadmap regarding monetary policy. Recalling that policy interest rates were raised at the last meeting, Zigman...
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