Central Banks
ECB Enters Home Stretch of Historic Hiking Cycle: Decision Guide
- Economists see deposit rate being raised to 3.5% from 3.25%
- Investors looking for clues on how many rate increases remain
The European Central Bank (ECB) headquarters in Frankfurt.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
The European Central Bank is poised to deliver what could be the penultimate increase in its unprecedented campaign of interest-rate hikes.
Economists and markets overwhelmingly expect the deposit rate to be lifted by a quarter-point to 3.5% on Thursday, leaving them focused on guidance for how much further officials expect to raise borrowing costs with inflation still three times the 2% target.