Eurozone Officials to Keep Rates Steady Amid 2% Inflation
AI Summary1 min read
TL;DR
Eurozone inflation near 2% may prevent ECB rate hikes in December, with officials split on future moves. New forecasts will be released on December 18.
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EurozoneInflationECBInterest RatesEconomic Forecasts
Eurozone inflation is expected to remain near 2% in November, which could keep the European Central Bank from raising interest rates in December. Officials are divided on the next move, with some focusing on upward pressure on prices and others predicting a slowdown. The ECB will release its quarterly forecasts, featuring an outlook to 2028, on December 18.
