Home / World Economy / World Economy News / ECB’s Makhlouf expects 50 bp rate hike on Dec. 15

ECB’s Makhlouf expects 50 bp rate hike on Dec. 15

European Central Bank governing council member Gabriel Makhlouf told journalists on Monday that he expects the bank’s Dec. 15 policy meeting will likely settle on a 50 basis point rise in interest rates.

The ECB has raised rates by a record 200 bps since July, but a slowdown in euro zone inflation and benign signals from the U.S. Federal Reserve have bolstered the case for those advocating a 50-bps hike after back-to-back increases of 75 bps.
Source: Reuters

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping