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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 10:08 UTC

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

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 prices are adding to inflation concerns in Europe, with persi…