ECB expected to hold 2.50% deposit rate; hike in December
A Reuters poll says the ECB is expected to keep the deposit rate at 2.50% this month, then raise it by 25 basis points in December as inflation nears double the ECB’s 2% target.
50% this month, but to lift it by 25 basis points in December as inflation remains close to twice its 2% target, a Reuters poll showed. Most economists polled had until recently thought the ECB was finished.