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الاقتصادية
Markets foresee final European rate hike
The Eurozone expects the European Central Bank to raise interest rates by a quarter of a percentage point at its upcoming meeting on September 10, 2026, bringing them to 2.50%. This would be the second and final expected increase for the year, amid accelerating inflation which reached 3.3% in August, driven by rising energy prices. However, most economists believe that the inflation linked to supply chain efforts and energy costs is unsustainable, potentially allowing for a pause in rate hikes at this level by the end of the year. The outlook depends on developments in energy prices and the repercussions of the war in the Middle East, with inflation likely to remain above target until the end of 2027. It is also expected that interest rates will stay at 2.50% until mid-2027, amid possible risks of continued energy price hikes and the war's impacts, which could sustain inflationary pressures and slow economic growth.
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