Economists are divided on whether the ECB needs a period of policy restraint. Economists expect the central bank to raise its key policy rate for a second time since the outbreak of the war, taking the rate to the upper bound of the neutral range.

2026-09-08

Economists are divided on whether the ECB needs a period of policy restraint. Economists expect the central bank to raise its key policy rate for a second time since the outbreak of the war, taking the rate to the upper bound of the neutral range.