ECB Expected to Raise Rates Amid Inflation Pressures
The European Central Bank is widely expected to raise interest rates to combat inflation driven by high energy prices. Markets are bracing for the decision and its potential impact on the economy.
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The ECB is virtually certain to hike rates Thursday. Here is why Wall Street is bracing for what comes next.
While nearly all observers anticipate a rate hike today, there is dissent among bond markets about the terminal rate for this tightening cycle from the ECB. Much depends on events in the Middle East and their impact on energy prices and inflation.
By Jules Rimmer
Read full article →ECB set to raise interest rates as energy prices drive inflation
The European Central Bank (ECB) is widely expected to hike interest rates on Thursday, erring on the side of caution as the US-Iran wardrags on, keeping oil prices high and raising inflation again. Brent crude has risen over the last month , while European gas prices have hit their highest since early 2023 . Here […]
Read full article →National Bank of Poland holds rates at 3.75% amid inflation risks
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