{
  "id": 12879702,
  "title": "ECB to hike rates again in December as inflation almost doubles 2% target: Reuters poll",
  "url": "https://urgent.news/2026/10/08/ecb-to-hike-rates-again-in-december-as-inflation-almost-doubles-2",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T13:20:11.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/ecb-to-hike-rates-again-in-december-as-inflation-almost-doubles-2-target-reuters-poll-4938304"
  },
  "original_language": "en",
  "account": "The European Central Bank (ECB) is set to raise interest rates again in December, according to a Reuters poll of economists. The bank's deposit rate is currently at 2.50%, but is expected to increase by 25 basis points in December, bringing it to 2.75%. This move comes as inflation in the euro zone has nearly doubled the ECB's 2% target. The central bank has raised rates twice this year, most recently in September. However, a strong majority of economists now believe another hike is on the horizon in December, a shift from the previous month's survey where over 90% expected rates to remain unchanged. The main risk is that there may be a further increase in rates, possibly in March. While most economists see the deposit rate peaking at 2.75%, a third now expect it to rise to 3.00%. Inflation is projected to reach 3.7% on average this quarter from 3.3% in the third quarter, up from the previous prediction of 3.3% and 2.9% and 2.3% respectively. Overall, policymakers agreed that inflation risks were on the upside.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}