Central Banks
ECB Set to Slow Hike Pace After Core Prices Ease: Decision Guide
- Deposit rate to be raised to 3.25% from 3%, economists say
- Investors looking for signs of how many rate increases remain
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The European Central Bank is poised to slow the pace of interest-rate increases after its preferred inflation measure eased for the first time in 10 months.
With tighter lending conditions also weighing on the economy, officials will raise the deposit rate by a quarter-point to 3.25% on Thursday, according to money-market investors and most economists in a Bloomberg survey.