Experts expect several more ECB rate hikes
Amid renewed growth in oil prices and gas problems in Europe, the market does not rule out three more interest rate hikes by October 2027, Bloomberg writes. Experts interviewed by Vedomosti confirm the trend. On September 10, the ECB’s Governing Council decided for the second time in a year to raise three key interest rates by 25 basis points (bp). The rate on deposits is now 2.5%, the rate on main refinancing operations (basic) is 2.65%, and on margin loans is 2.9%.
Amid renewed growth in oil prices and gas problems in Europe, the market does not rule out three more interest rate hikes by October 2027, Bloomberg writes. Experts interviewed by Vedomosti confirm the trend. On September 10, the ECB’s Governing Council decided for the second time in a year to raise three key interest rates by 25 basis points (bp). The rate on deposits is now 2.5%, the rate on main refinancing operations (basic) is 2.65%, and on margin loans is 2.9%.
