The ECB Holds Next Week — but Is a September Hike Locked In?

The European Central Bank (ECB) looks set to keep interest rates steady next week, according to a Bloomberg survey of economists. However, most expect a quarter-point increase in September, when policymakers receive fresh quarterly forecasts. That move would lift the deposit rate to 2.5%. ECB Rate Hike Set for September as Global Tightening Widens Oil