The European Central Bank is set to lift interest rates by another quarter-point as investors ponder if this could be the final salvo in officials’ yearlong campaign of hikes.
Thursday’s advance in the deposit rate to 3.75% has been widely flagged by President Christine Lagarde and her colleagues. What’s of most interest is whether policymakers will raise again when they next convene in September, or whether they’ll refrain.
Read More : ECB Plans Another Interest Rate Hike as Finish Line Comes Into View