✉news BusinessBanking first seen 20 h ago, last 1 h ago, peak #17
Standard Chartered bets on December ECB rate hike
Original: Standard Chartered joins major banks in betting on December ECB rate hike
Standard Chartered has joined other major banks in forecasting that the European Central Bank will raise interest rates at its December meeting. The forecast adds to growing expectations among large lenders that the ECB will tighten policy further, with markets and analysts watching closely for confirmation at the bank's next policy decision.
Why now: Markets are closely watching central bank policy signals as banks revise their ECB rate forecasts ahead of the December meeting.
Standard CharteredEuropean Central Bank
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