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الاقتصادية
ECB maintains cautious interest rate outlook
The European Central Bank is avoiding raising interest rates at present, despite the risks of higher inflation potentially exceeding expectations. Officials' statements indicate that core price trends show a less concerning picture, clarifying that the rise in inflation is primarily due to increases in energy prices and that indirect effects on wages and future inflation remain limited. Projections confirm that long-term inflation remains within the target range, aided by the decline in government financial support, which helps reduce future price pressures. Meanwhile, expectations suggest that inflation risks are tilted towards the upside. However, the market anticipates that interest rates will remain unchanged at the upcoming ECB meeting, with a possibility of a hike only in December.
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