ECB hikes by 25 basis points, as expected
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Raises three main rates by 25 bps Compared to June, baseline inflation projection for 2026 is unchanged but it has been raised for 2027 and 2028 ECB says stands ready to adjust all instruments within its mandate to ensure inflation stabilizes at 2% in the medium term ECB is not p
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4 itemsECB hikes rates, as expected
ECB hikes interest rates by 25bp
The ECB's recent interest rate hike of 25 basis points reflects a proactive approach to managing inflationary pressures exacerbated by geopolitical events, according to the latest analysis from **ING**. This marks the ECB's first increase since September 2023, adjusting the deposit rate to 2.25%. With inflation expected to trend towards 3.0% this year, the ECB appears committed to avoiding past mistakes of delayed action amidst rising prices; however, concerns over inflation's sustainability remain relevant. Market participants should note that this movement aligns with broader expectations of restrained economic growth projected at 0.8% in 2026. Per the full note, the ECB's approach is now informed by the lessons learned from its earlier inactions during the inflation surge of 2021-2022.
ECB preview: forget the rate hike and focus on forward guidance
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