Commerzbank: Higher Oil Prices May Lock In ECB September Hike
2026-07-20 06:11:28
According to Jin10, Commerzbank interest-rate strategist Rainer Guntermann said in a report that rising oil prices make another European Central Bank rate hike in September likely, and the market has fully priced in that expectation. ECB President Christine Lagarde may take a hawkish tone on inflation risks, but she is unlikely to commit in advance to a September rate hike as growth headwinds increase and the situation remains uncertain.
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