ECB Policymakers Expect December Rate Hike, Then Pause, Sources Say
Three sources told Reuters that ECB policymakers expect a December rate increase to combat high, energy-led inflation, followed by a pause as higher bond yields weigh on growth and inflation.
European Central Bank policymakers expect to increase interest rates in December to fight high, energy-led inflation and then pause as a rise in bond yields is set to weigh on growth and inflation, three sources told Reuters.The ECB left interest rates unchanged in a well-telegraphed move on Thursd…