Barclays expects ECB rate hike in December
Barclays expects the European Central Bank to raise interest rates by another 25 basis points in December. Persistent inflation and rising energy prices following the US-Iran war strengthen the case for further tightening.
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BARCLAYS PLC expects the European Central Bank to raise interest rates by 25 basis points in December. The forecast follows the central bank's decision on Thursday to raise key rates by 25 basis points. Traders are pricing in a 93.9% chance of a December hike.
