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ECB rate hike postponed, not cancelled
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17. Juli 2026: EZB – Aufgeschoben ist nicht aufgehoben
The ECB is unlikely to raise its key interest rates for the second time in a row next week. However, another rate hike is likely at the meeting in September. Our revised ChatECB indicator shows that ECB Governing Council members are leaning toward higher interest rates—especially since core inflation is expected to rise in the coming months and households’ inflation expectations have increased.
