Interest rates likely to rise in September as Eurozone inflation accelerates · Bica

Economy

Interest rates likely to rise in September as Eurozone inflation accelerates

Eurozone inflation reached 2.9% in July, up from 2.8% in June, primarily driven by a 10.3% increase in energy prices. With the next European Central Bank (ECB) meeting scheduled for September 10, markets expect a 25 basis point interest rate hike to 2.50%.

Why it mattersIf you have a variable-rate mortgage (Euribor-linked) or are considering taking out a loan, expect your potential monthly repayments to increase as interest rates are likely to rise following the ECB's September 10 meeting.

Diário de Notícias· 2w agoRead original ↗

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Interest rates likely to rise in September as Eurozone inflation accelerates

This update is from Bica

More on Economy

Azores PS available to negotiate 2027 Budget with Regional Government

Centeno: "We are launching a young generation into a level of debt that has not existed in Portugal for many decades"

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