Rising Oil Prices Seen Cementing ECB Rate Hike in September

Dow Jones07-20 14:01

0601 GMT - Rising oil prices leave another interest-rate hike by the European Central Bank in the offing for September, which is also fully priced in, Commerzbank's Rainer Guntermann says in a note. ECB President Christine Lagarde is likely to strike a firm tone with regard to inflation risks, the rates strategist says ahead of the ECB's monetary policy decision Thursday. Lagarde, however, is unlikely to precommit to a September hike, as the situation remains in flux amid rising headwinds to growth, Guntermann says. (emese.bartha@wsj.com)

 

(END) Dow Jones Newswires

July 20, 2026 02:01 ET (06:01 GMT)

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