ECB raises interest rates by 0.25 points, growing expectations of another hike in December · Bica

Economy

ECB raises interest rates by 0.25 points, growing expectations of another hike in December

The European Central Bank raised its key interest rates by 0.25 percentage points in September, signaling a return to its monetary policy tightening cycle. Expectations are now mounting for a potential further increase in December.

Why it mattersIf you have a variable-rate mortgage (Euribor-linked) or other bank loans, this increase will likely lead to higher monthly repayments as your interest rate is revised.

Expresso· 2d agoRead original ↗

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