Market talk: ECB rate hike next week seen as near-certain
Capital Economics’ Andrew Kenningham says a next-week ECB rate hike appears all but certain. Rising gas prices and strong economic activity add odds of further tightening, though other indicators remain mixed.
0832 ET - ECB's interest-rate outlook is becoming harder to call, Andrew Kenningham at Capital Economics says in a note.
A hike next week appears all but certain, and a jump in gas prices and strong economic activity mean further tightening can't be ruled out, he says. "However, other indicators su…