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News 2026-09-24 10:10 UTC

UPDATE 1 — BofA sees ECB rate hike in December as energy prices fan inflation

(Updates throughout with background and analyst comments) Sept 24 (Reuters) — BofA Global Research expects the European Central Bank to raise interest rates by 25 basis points in December, citing a renewed energy shock that will keep euro zone inflation above the central bank's target for longer. Rising gas and oil pri

News 2026-09-24 09:20 UTC

BofA expects ECB rate hike in December 2026

BofA Global Research expects the European Central Bank to raise rates by 25 basis points in December 2026, reversing its previous call for no change this year, as higher energy prices fuel headline inflation.