ECB sees upside inflation risks, eyes further hikes
Nordea interprets the ECB’s September monetary policy account as supporting further rate hikes likely in December and March. The Governing Council remains focused on upside inflation risks from persistent energy shocks and resilient growth.
Original · FXStreet AI summary of public reporting
Why: ECB flags upside inflation risks → further rate hikes
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At publication → CurrentEUR1.119 → 1.12+0.1%