Global Market: Barclays Expects ECB to Raise Rates Again in December as Inflation Risks Persist
Barclays said the central bank’s inflation outlook points to rates staying above 2% until late 2027, with traders pricing a 93.9% chance of a hike.
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The Economic Times
Times of IndiaGlobal Market: Barclays expects ECB to raise rates again in December as inflation risks persist
Barclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and higher energy prices keep pressure on policymakers. The forecast follows the ECBs latest rate hike, while markets are pricing in a high probability of another increase as oil prices remain elevated.
Barclays expects ECB to deliver another rate hike in December as inflation pressures persist
Sept 10 (Reuters) - Barclays expects the European Central Bank to raise interest rates by another 25 basis points in December, as higher inflation projections and rising energy prices amid the U.S.-Iran war strengthen the case for further policy tigh...
The ECB expects the ECB to raise interest rates by 25 basis points in December, with inflationary pressures and rising energy prices continuing due to the Middle East conflict. The forecast came after the ECB raised interest rates yesterday Thursday, with new projections that inflation remains above its 2% target for an extended period.
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