Lane (Bce), prudente aumentare i tassi a dicembre se dati non cambiano

The European Central Bank is likely to raise interest rates again in its upcoming meeting if data remains unchanged, according to Chief Economist Philip Lane. He noted that oil prices may fluctuate significantly until December, but inflation is expected to be slightly above 4% by year-end, with rising food prices and core inflation anticipated in early next year. Lane emphasized that if the information available in December aligns with current data, a rate hike would be prudent. He also mentioned that further developments regarding inflation peaks should be expected.