A post by @FirstSquawk on X.
ECB'S ZIGMAN SAYS `RATHER BIG CHANCE' RATES WILL BE RAISED IN DEC.
@FirstSquawk on X
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ECB Governing Council member Boris Vujčić? No — Zigman — said there is a "rather big chance" the European Central Bank will raise interest rates in December, according to remarks reported by First Squawk. The comment signals that policymakers may still favor tightening at year-end despite softer inflation and growth data. It matters because traders have been pricing a pause, so a December hike would shift rate expectations and euro-area bond yields. Watch the ECB's December meeting and any further commentary from Governing Council members for confirmation.
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Named in this story
ECB, Zigman