CNBC July 23, 2026 • 13:25

Traders see September rate hike as European Central Bank mulls energy price spike - CNBC

By Hugh Leask, Joseph Wilkins

Traders see September rate hike as European Central Bank mulls energy price spike - CNBC

ECB president Christine Lagarde said the bank anticipates inflation to remain "well above target" until the first half of 2027.

The European Central Bank voted on Thursday to leave its main interest rate unchanged at 2.25%, in a move that fell broadly in line with market expectations. 
But traders are already anticipating a … [+1667 chars]

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