Standard Chartered sees ECB hiking rates in December

Standard Chartered sees ECB hiking rates in December

​Standard ​Chartered ‌expects the ​European ‌Central Bank to raise its deposit rate ‌by 25 ‌basis points to 2.75% ⁠at ​its ⁠December meeting, reversing its ⁠previous call for ​a pause, citing ⁠stronger-than-expected inflation, resilient ⁠economic ​activity and higher oil ⁠price forecasts.

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