The central bank kept its benchmark interest rate on hold despite rising inflation fuelled by the Iran war, but opened the door to another hike in December.
The ECB keeps the rates at 2.5% and opens the door to a rise in December while offering the IPR to curb the French risk premium.The entry The ECB keeps the rates at 2.5% and guides the market to a rise in December appears first on Merca2.
"The European Central Bank (ECB) has instruments to intervene in the event of faults on the bond markets, but its scope for action is subject to conditions."