While the ECB has firmly signaled its next moves in previous meetings, economists and analysts were divided over whether the doves or hawks in Frankfurt would win out in September.
Sign up for NBC LA newsletters.
Money markets indicated a roughly 63% chance of a hike through Thursday morning, up from a more even split in recent days. Oil market reports suggesting tighter supply and higher prices through the rest of the year and beyond have fueled inflation fears; while a on Wednesday suggesting the ECB now expects euro zone inflation to remain above 3% in 2024 appeared to increase market bets on a rate hike. The report came from a source ahead of the release of its quarterly projection Thursday.in the bloc was 5.3% in August, the same level as core inflation, which strips out food and energy costs.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
European Central Bank is set for hawkish pause as the economy turns southShoppers in the region are holding back on spending as inflation eats up their disposable income.
Les mer »
European Central Bank Preview: Why Lagarde could lower Euro on hawkish holdStagflation is coming – after a scorching hot summer in the Mediterranean, winter is not the worst fear in the old continent. Policymakers at the Euro
Les mer »
European Central Bank (ECB) Monetary Policy StatementGet the ECB Monetary Policy Statement results in real time as they're announced and see the immediate global market impact.
Les mer »
European Central Bank Raises Key Interest Rate to Record HighThe ECB raised interest rates by a quarter percentage point, pressing on with its fight against sticky inflation despite recession risks.
Les mer »
European Bank unveils support for Türkiye's quake-battered small businessesThe support programme, set to be initiated by the European Bank for Reconstruction and Development (EBRD), forms a key component of the bank's €1.5 billion investment strategy for the quake-hit region.
Les mer »
Europe's central bank faces close call on interest rates as threat of recession growsThe European Central Bank is deciding whether to raise interest rates again or not, and analysts are saying it's a close call.
Les mer »