ECB to hold rates at 2.50% amid France fiscal risks
BBH notes the ECB is expected to hold rates at 2.50%, with markets pricing a strong chance of a December hike to 2.75%. Contained core inflation and tighter financial conditions justify waiting, while France’s fiscal and bond market risks are highlighted.
Original · FXStreet AI summary of public reporting
Why: ECB holds rates, France fiscal risks → pressure on EUR
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At publication → CurrentEUR1.119 → 1.118−0.0%