ECB Expected to Raise Rates with Caution Ahead
The European Central Bank is expected to raise its key interest rates on Thursday, marking the second increase since the outbreak of the U.S.-Iran war, but it may signal caution regarding further hikes. The annual inflation rate in the Eurozone rose to 3.3% in August, the highest level in nearly three years, significantly above the ECB's target of 2%. Policymakers are concerned that further rate increases could raise borrowing costs and suppress economic activity. Although there have been no signs of a second-round effect since the war led to the closure of the Strait of Hormuz and soaring energy prices, the likelihood of workers taking action increases as the war continues and energy prices remain high. Policymakers are aware that colder weather at the end of the year will lead to a significant rise in household heating costs. ECB President Christine Lagarde may emphasize that interest rates are not on a preset path and that investors should not assume that further hikes are inevitable. At the same time, Lagarde is unlikely to rule out the possibility of further action, with some economists believing that the chances of a third rate hike in December are increasing.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

President Nawrocki Introduces Cryptocurrency Bill

Iran Claims to Have Seized Advanced U.S. Unmanned Submarine, U.S. Has Not Confirmed

Kraken Withdrawal Delays, 23 Funding Services Downgraded

Gas Prices in Europe Reach Three-Year High Amid Low Supplies

Bitcoin Core Developers Discuss AI Application Lag Issues

Robinhood CEO Emphasizes Long-Term Bullish Outlook for Bitcoin and Security Investments

Treasury Bonds: The Darkest Performance in Over 200 Years Reveals a New Paradigm

YZi Labs Participates in 10 Funding Rounds Totaling $42.1 Million

Tether CEO Emphasizes Regular Audits and Response to U.S. Regulations

XRPL Infrastructure Operating Steadily After Attack

Attacks on Logistics May Increase Inflation in Ukraine by 0.4-0.6 Percentage Points

Two Prime CEO: Bitcoin Has Significant Room for Rebound, Short Covering Fuels Uptrend

DeepSeek Plans to Expand to 1,000 Employees, Hiring 150 Backend and Agent Positions

Liquid Recovers 3,400 BTC, Bridge Service Outage Continues

Credit in pesos falls again: consumption declined in August and delinquency continues to pressure

Datavault AI to Launch Asset Tokenization Trading Platform IDE on September 15, 2026

Amazon Plans to Issue Its First Pound Bond for Fundraising

RAILGUN Draws Attention Due to Cryptocurrency Money Laundering Risks

Wildberries owes sellers $240 million after warehouse attacks

Robinhood and Crypto.com Join Forces in Prediction Markets: Strategic Agreement and Cross-Shareholdings

STRC BTC Credit Decreases to 53bp, Down by 1bp

Macron Calls for a European Ban on Social Media for Under-15s

Ukraine Reduced Gasoline Imports by 7% in August

Etherscan Launches On-Chain Fund Tracking AI Tool Etherscan-Flow

Improvement in XRPL RPC Node Processing Capacity to 30,000 Messages per Second

Curve Finance implements soft liquidation model

Cypherpunk Denies Issuance of ZEC Ticker Token

319 Million SPCX Shares Unlock on September 9: Is This a Buying Opportunity or a Warning?

Chelsea's USDC Jersey Print Raises Concerns from Hong Kong Monetary Authority







