After the historic rate hike at the end of July, after 11 years of inaction, a substantial increase is therefore to be expected at the ECB meeting on 8 September. But what are the analysts' estimates? An intervention similar to that of July, or 0.5%, is expected for September, which would bring the cost of money to 1% but there are those who do not rule out a more substantial increase, of 0.75%, with the idea of reaching around 1.50% by the end of the year.
Not Financial Advice.
Not Financial Advice.
Trade closed: target reached