Global EconomyIMPORTANT
ECB officials reportedly expect more tightening with October in play
StockNow breaking-news AI analysis
ECB officials anticipate further rate hikes as early as October, but view market pricing for three additional increases as overly optimistic, pointing to December as a more opportune timing.
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Officials at the ECB anticipate to boost interest rates further, with another hike probable as early as next month. Market expectations for three more hikes, however, may be overly optimistic, adding that December may be a more opportune time to raise borrowing costs, as that meeting will be accompanied by new predictions going into 2029.
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