Economics

ECB Is Looking More Closely at a Half-Point Hike This Week

Official guidance is for 25 basis point move at liftoff
Policy makers poised to decide on first rate hike in decade

WATCH: The ECB may be looking more closely at raising interest rates by 50 basis-points on Thursday. Dani Burger reports.Source: Bloomberg

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By Jana Randow and Alexander Weber

July 19, 2022 at 7:51 AM UTC

Updated on

July 19, 2022 at 9:18 AM UTC

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The European Central Bank may consider raising interest rates on Thursday by double the quarter-point it outlined just last month because of the worsening inflation backdrop, according to people familiar with the situation.