ECB Rate Hike Comes at 'Inopportune Time for Germany' — Market Talk
The European Central Bank's interest-rate hike to 2.5% was "unavoidable" with inflation in the eurozone currently above 3%, president of Germany's Ifo Institute Clemens Fuest says. Given that the economy remains quite weak, the rate increase comes at an inopportune time for Germany, he says. Howeve…
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02:12:22 PM UTC
SquawkNews
An interest rate increase by the European Central Bank in December looks plausible, eToro's Lale Akoner says in a note. The ECB raised the key rate to 2.5% at Thursday's rate decision, as widely expected, marking its second rate hike in 2026. Nonetheless, markets' expectations of four potential ECB…
5% was "unavoidable" with inflation in the eurozone currently above 3%, president of Germany's Ifo Institute Clemens Fuest says. Given that the economy remains quite weak, the rate increase comes at an inopportune time for Germany, he says. Howeve…