What is happening
What the sources report
The governor of the Central Bank of Latvia and member of the ECB Governing Council, Martins Kazaks, leaves open the possibility of further interest rate rises if inflation remains high. Powergame
The next meeting of the ECB is scheduled for 29 October. Powergame
According to a Reuters survey, 64 of the 73 economists forecast an interest rate rise of 0.25 percentage points in December. HuffPost Greece
This increase would raise the key deposit rate from 2.50% to 2.75%. Alpha
Households are paying twice for the crisis, as containing inflation through higher interest rates increases the cost of servicing loans. Alpha
Where they differ
Powergame writes that investors overwhelmingly expect the deposit rate to remain unchanged at 2.5% in October, while HuffPost Greece writes that the prevailing expectation is that the increase will be decided in December. HuffPost Greece Powergame
AI-generated summary (Claude) based on 3 articles. It may contain errors; please check the sources.
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