FrankfurtEuro-zone inflation is 3.8%, nearly double the central bank’s target.
The European Central Bank’s account says officials judged the rise would still not restrict growth.
The deposit rate stands at 2.50% after two rises this year, with the US-Israeli war with Iran driving energy prices.
The bank decides on 29 October, and 64 of 73 economists polled expect a rise in December.
How each outlet framed it
- Bloomberg Business
- Reuters
- documents economist expectations reversal from 90% expecting hold to 90% expecting December hike, frames tightening as measured
Sources: Bloomberg Business, Reuters