路透消息源：欧央行决策者倾向12月加息后暂停
ECB sources report: Policymakers see a December rate hike followed by a pause
Reuters, citing ECB sources, said policymakers are inclined to pause after raising rates in December. New ECB staff estimates show that higher bond yields will cumulatively lower growth by 100 bp and inflation by 90 bp over 2027–2028. The authors note that markets have fairly fully priced in a December rate hike, while the euro saw a mild sell-off on dovish expectations for a pause after December.
The ECB’s intention to pause after December’s rate hike means the tightening pace may enter an observation period, and the cumulative restraining effect of higher bond yields on growth and inflation reinforces this policy logic. Markets have fairly fully priced in the December hike; the focus ahead is on post-meeting communication and whether pause expectations are confirmed. Changes in the related rate path will affect the euro and, through central bank policy differentials and real interest-rate expectations, drive gold.
路透消息源显示欧央行决策者倾向12月加息后暂停，并给出债券收益率上升对增长与通胀的量化影响。
来源：ForexLive · investinglive.com