ECB’s Hike-or-Pause Dilemma Going Down to Wire, Poll Shows
- Economists in Bloomberg survey almost evenly split on outcome
- First of three rate cuts next year is anticipated for March
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Economists see the European Central Bank lifting interest rates one last time to tame inflation — they’re just not sure it will happen next week.
A Bloomberg survey shows an almost even split between those anticipating a 10th consecutive hike on Thursday and those anticipating a “hawkish pause” before the deposit rate reaches a record 4% in October.