CaixaBank Anticipates Two Further Increases in ECB Rates up to 3% and Does Not Rule Out a Third
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IN 30 SECONDS What has happened? The eurozone's CPI has climbed two tenths in October to 4%, its highest level in three years, and CaixaBank Research places two more ECB hikes to 3%. Who is behind it? The European Central Bank, which meets on 17 December, and Christine Lagarde, whose announcement on energy and artificial intelligence has reordered market expectations. What impact does it have? Spain faces the final stretch of the cycle with the …
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CaixaBank Research predicts two additional increases in interest rates by the European Central Bank (ECB), leaving the deposit rate at 3%. Enric Fernández, the entity’s chief economist, has also not ruled out the possibility of a third increase to cut the price path in the Community area, which currently stands at 4%, the highest level in three years. In Spain, this figure is already at 5%: the CPI stood at 4.9% in October, according to the Nati…
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