Monetary Policy
ECB Official DeMarco Signals Potential for October Rate Hike
29 Sep 2026
European Central Bank official DeMarco indicated that persistent strength in core inflation could provide sufficient grounds for further policy tightening, explicitly leaving an October rate hike on the table.
Why it matters
This guidance suggests the ECB may maintain a hawkish bias despite broader economic uncertainty, potentially supporting the Euro if markets price in a higher terminal rate.