ECB to decide on inflation response this week

ECB to decide on inflation response this week

ECB to decide on inflation response this week — — -Brussels (Brussels Morning) The European Central Bank (ECB) is to decide on the EU’s inflation response later this week as markets expect interest rates to rise.

Investors want the ECB to explain what rising energy prices and global supply chain disruptions mean for the bank’s expansive monetary policies and record-low interest rates, Reuters reports.

The ECB is to decide on its coronavirus crisis stimulus in December, but is not expected to scrap its dovish policy stance.