ECB to hold interest rates steady with inflation subdued

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This week, the European Central Bank is once again deciding on the key rate. Experts are already looking at next year and dare to make a first forecast.

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Market Consensus François Rimeu (Crédit Mutuel AM) Since inflation remained close to the 2% target in September, we hope that the European Central Bank (ECB) will keep its monetary policy unchanged at this Thursday’s meeting. Its president, Christine Lagarde, is likely to reiterate that the ECB will only intervene in the event of significant and lasting deviations from its 2% inflation target, stressing that a slight overrun does not necessaril…

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With an inflation rate of over two percent, the ECB will not change any of its key interest rates this week, but already in December it could have to leave its well-being area, which will have an impact on savers.