Standard Chartered sees ECB hiking rates in December
TLT•Standard Chartered expects the European Central Bank to raise its deposit rate by 25 basis points to 2.75% at its December meeting, reversing its previous call for a pause.
1. Rate outlook changes
Standard Chartered expects the European Central Bank to raise its deposit rate by 25 basis points to 2.75% at its December meeting, reversing its previous call for a pause. The bank cited stronger-than-expected inflation, resilient economic activity and higher oil price forecasts.
