ECB Seen on Track for September Hike, to Stay Cautious on Inflation
Dow Jones
Jul 23
1309 GMT - The European Central Bank is expected to raise interest rates in September, having raised in June and having left them on hold on Thursday, as expected, DWS's Ulrike Kastens says in a note. "However, the ECB made it clear that the full inflationary impact of the energy shock on inflation has yet to play out," the senior economist says. Therefore, caution regarding inflation risks remains warranted, she says. Based on the ECB's updated staff projections in September, DWS expects the ECB to deliver another rate hike, bringing the deposit rate to 2.50%. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
July 23, 2026 09:09 ET (13:09 GMT)
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