1 Day
Source:
معلومات مباشر
Traders expect ECB rate hike in September
The article reports that the European Central Bank has decided today to keep the main interest rate steady at 2.25%, with expectations of a hike in September due to inflationary risks resulting from renewed violence in the Middle East and rising oil prices. Bank President Christine Lagarde warned that disruptions in energy supplies could lead to further inflation increases and forecasted that inflation would remain above the 2% target until the first half of 2027. Market participants expect an additional interest rate increase of 0.25% in September, and that the severity of monetary policy will depend on global developments, especially energy prices and geopolitical tensions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)