Barclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and higher energy prices keep pressure on policymakers. The forecast follows the ECBs latest rate hike, while markets are pricing in a high probability of another increase as oil prices remain elevated.

The European Central Bank is all but certain to raise interest rates on Thursday, with investors pricing the move at near-total probability, but the decision is more awkward than…

Economists expect the ECB to raise its policy rate to 2.50 per cent from 2.25 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

The European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel fresh inflation concerns. With inflation…