Barclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and higher energy prices keep pressure on policymakers. The forecast follows the ECB’s latest rate hike, while markets are pricing in a high probability of another increase as oil prices remain elevated.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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