🔴🇪🇺 Predictions of rising interest rates at the European Central Bank
⬅️ Economists expect the next shift in interest rates at the European Central Bank (ECB) to be upwards.
⬅️ This expectation aligns with the views of investors and influential Executive Board member Isabel Schnabel.
⬅️ More than 60% of participants in a Bloomberg survey believe that officials are more inclined to raise borrowing costs rather than lower them.
⬅️ This is a significant change compared to last October, when only a third of participants expected this trend.
⬅️ This shift in expectations comes at a time when inflation in the Eurozone stabilizes at around 2%.
