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✉news BusinessBanking first seen 1 d ago, last 6 h ago, peak #10

ECB expected to raise rates again in December, poll shows

Original: POLL ECB to hike rates again in December as inflation almost doubles 2% target

A Reuters poll of economists indicates the European Central Bank will deliver another interest rate hike in December, with eurozone inflation running at nearly double the bank's 2% target. Markets and households are watching closely for how far the ECB will go to bring prices back under control, after a series of earlier increases across the eurozone.

Why now: Economists' expectations point to another ECB rate hike as eurozone inflation remains well above target, affecting borrowers, markets and savers.

European Central BankeurozoneReuters

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