ECB OFFICIALS EXPECT DECEMBER RATE HIKE, THEN PAUSE ECB policymakers expect a 25-basis-point rate hike on December 17, lifting the deposit…
ECB OFFICIALS EXPECT DECEMBER RATE HIKE, THEN PAUSE
ECB policymakers expect a 25-basis-point rate hike on December 17, lifting the deposit rate from 2.50% to 2.75%, according to three sources cited by Reuters.
The hike is considered nearly certain unless energy prices fall sharply.
However, officials expect to pause further tightening afterward, as rising bond yields could reduce eurozone growth by 1 percentage point and inflation by 0.9 percentage points over 2027–2028.