ECB Expected to Raise Deposit Rate by 25bps to 2.50% in September
A Reuters poll shows 57 of 69 economists expect the ECB to lift its deposit rate by 25 basis points to 2.50% in September.
EURUSD
A majority of economists surveyed by Reuters expect the European Central Bank to raise its deposit rate by 25 basis points to 2.50% at the September meeting. The poll found 57 of 69 respondents shared that view.
The expected move would mark another step in the ECB's tightening cycle as policymakers continue to address inflation.
Source: FXStreet Forex News