Traders are betting on a European Central Bank interest-rate hike next year for the first time after a senior member of the institution said she’s comfortable with the next move in borrowing costs being higher.
Traders are betting on a European Central Bank interest-rate hike next year for the first time after a senior member of the institution said she’s comfortable with the next move in borrowing costs being higher.
Isabel Schnabel at the European Central Bank in Frankfurt. Photographer: Alex Kraus/Bloomberg