ECB governors see December hike likely followed by pause, sources say
6 Articles
6 Articles
Interest rate hike in December - in order to tackle high inflation - but a "pause" afterwards so that the increase in bond yields (more expensive government borrowing) does not burden growth,… ECB officials to Reuters: Interest rate hike on December 17 almost certain - I NAFTEMPORIKI
ECB policymakers expect to raise interest rates in December to combat high, energy-led inflation and then pause as a rise in market rates is expected to dampen growth and dampen inflation, three sources told Reuters, after the ECB left its key interest rates unchanged on Thursday.
European Central Bank (ECB) officials expect the bank to raise interest rates at its last meeting of the year due to inflation driven by rising energy prices. However, it is likely to take a break for some time afterwards, as rising bond yields affect inflation developments...
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