The European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.5% on Thursday as surging energy prices push eurozone inflation above 3%. While the September hike is largely priced in, markets will focus on the ECB’s guidance on further rate increases, updated inflation and growth forecasts, currency-market risks and rising government bond yields.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.