UniCredit Analysts Expect ECB to Signal Low Bar for December Rate Hike
UniCredit analysts expect the ECB to leave rates unchanged Thursday while signaling a likely December hike. Oil and natural gas prices have moved further from the central bank’s September baseline; core inflation remains stable, with no evidence of wage pressure, the note says.
The ECB is expected to leave interest rates unchanged on Thursday but signal a likely December hike, with both oil and natural gas prices drifting further from the central bank's September baseline, analysts at UniCredit say in a note. Still, core inflation remains stable, with no evidence of wage…