Business & Finance
ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike
Key Points
ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike The European Central Bank is likely to raise borrowing costs next month for the third time since the Iran war began, Governing Council member Ante Zigman said. “Inflation has continued to rise in October,” Zigman said Thursday in Opatija, Croatia.
ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike
The European Central Bank is likely to raise borrowing costs next month for the third time since the Iran war began, Governing Council member Ante Zigman said.
“Inflation has continued to rise in October,” Zigman said Thursday in Opatija, Croatia. “We can say that there’s a rather big chance that interest rates rise in December.”