Kamil Kovar at Moody's Analytics said the ECB could raise rates again after
Thursday's hike. He noted the bank did not rule out another increase this year
and that upward revisions to 2027-28 inflation forecasts, plus the Governing
Council's comment that the economy remains resilient despite this year's
energy-price spike, leave the Council open to further tightening and raise the
odds of a third hike; Moody's currently assigns about a 50% probability even if
energy prices retreat from this week's levels.
