A Reuters poll shows nearly 90% of economists expect the European Central bankThe institution that sets monetary policy for a country or currency area, including interest-rate decisions that can move currencies.Read More to raise its deposit rate by 25 basis points in December. The shift follows September InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More reaching 3.8%, well above the ECB’s 2% target.
A Reuters poll conducted on 5–8 October found that 64 of 73 economists expected an ECB rate increase in December, while all but three forecast an October hold. The current deposit rate is 2.50%, with a quarter-point December rise anticipated. These are survey expectations rather than an announced policy decision. Incoming inflation and activity data could alter the outlook before either meeting.
| Item | Value | Why it matters |
|---|---|---|
| F1 | CONFIRMED_FACT | The cited source reports the development described in the summary. |
