ECB Policymakers Open Door to More Rate Hikes on Energy Risk

Globo

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European Central Bank (ECB) authorities have left open on Friday the possibility of further increases in interest rates if they continue to rise in energy prices due to the war in Iran and if they raise other prices in the euro area. The ECB raised the costs of loans on Thursday for the second time this year, with the deposit rate rising from 2.25% to 2.50%.

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New rise in energy prices reinforces inflation concerns in the eurozone

ekonomim.com

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Following the European Central Bank's (ECB) interest rate hike, financial institutions anticipate further tightening measures if energy prices continue to put pressure on inflation. Citigroup expects increases in December and March 2027, ANZ anticipates a 25 basis point increase in December, while Pantheon Macroeconomics forecasts rate hikes in December and February.