European Central Bank: Dovish hike path as energy drives inflation – ING

European Central Bank: Dovish hike path as energy drives inflation – ING

Source: EODHD - https://www.fxstreet.com/news/european-central-bank-dovish-hike-path-as-energy-drives-inflation-ing-202609021310
Published: Sep 02, 2026 9:10 AM

ING’s Carsten Brzeski expects the European Central Bank (ECB) to raise rates by 25bp next week, characterizing it as an ‘insurance’ or dovish hike. He notes Eurozone resilience, but stresses that inflation is mainly driven by energy, limiting the case for further tightening.

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