ECB Set for December Rate Hike Amid Inflation Risks
Economists expect the European Central Bank to raise its deposit rate to 2.75 percent in December. Persistent inflation risks and elevated energy costs leave the door open for an additional increase in early 2027.
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The European Central Bank will deliver a final deposit rate hike to 2.75% next month, according to a Reuters poll of 71 economists. That move would push borrowing costs above the central bank's estimated neutral range of 1.75% to 2.50%. More than a third of economists expect an additional increase in early 2027 as inflation persists at double the 2% target.
