Is the ECB headed for a third hike?
JPMorgan now expects the European Central Bank (ECB) to raise interest rates for a third time in December, taking the policy rate to 2.75%, following a “near-certain” second hike to 2.5% at next week’s meeting. Economist Greg Fuzesi said the call reflects an interaction between more persistent energy price pressures, solid growth, sticky core inflation, ...
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