ECB likely to hold rates in October as bond yields rise – ING
ING’s Carsten Brzeski expects the European Central Bank to keep policy rates unchanged at the 29 October meeting, as the French fiscal crisis and higher bond yields are already tightening financial conditions.
Original · FXStreet AI summary of public reporting
Why: Higher bond yields tighten conditions → ECB hold
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At publication → CurrentEUR1.12 → 1.122+0.2%