European Central Bank: Gradual tightening points to December hike – Rabobank
FROM THE WIRE · FXSTREET.COM
Rabobank’s Bas van Geffen expects the European Central Bank (ECB) to keep policy unchanged at its October meeting, with the deposit rate at 2.50%, and to deliver a final hike in December. He highlights persistent upside inflation risks but notes no evidence of broad-based…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn additional ECB hike supports the euro and weighs on bond yields.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Rabobank expects the ECB to keep the deposit rate at 2.50% in October.
- 02A final hike is expected in December.
- 03Analysts see upside inflation risks but no broad-based second-round effects.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets