ECB expected to hike rates again in December
A Reuters poll cited by Indradip Ghosh expects the ECB to hold its deposit rate at 2.50% this month but raise it in December as inflation runs nearly double its 2% target.
50% this month, but to lift it by 25 basis points in December, as inflation remains close to twice its 2% target, according to a Reuters poll. Most economists surveyed had previously thought the ECB was finished.