It is important to note that the word “you” means “you”. European Central Bank Then, there is the Bank of England Both are expected to keep their current interest rate without making any major changes. ECB officials tend to favor keeping rates steady, and the chances of a rate reduction in the near term are low. In the central case, IRates are expected to stay the same through the first half next year.
Then, you can get started. UKThere is a greater likelihood that interest rates will increase due to persistent inflation. There is a possibility that interest rates will increase due to persistent inflation. The rates are already at their peak As the economy slows, it is more likely that this will happen.
It is unlikely that the upcoming ECB Meeting will bring any surprises and it is expected that the central bank will keep its official rate steady. Those expecting a more dovish stance might be disappointed. As the ECB can maintain a hawkish stance, which leaves room for possible future rate hikes. In the central scenario, rates are likely to have peaked. However, recent increases in oil and Middle East developments may create additional uncertainty that may lead the ECB not to close its options. Even the more dovish members of the ECB are not pushing for rapid rate cuts, and it’s probable that rates will…
