ECB meets with eyes on France and Lagarde's future
The ECB holds its meeting this Thursday with markets not expecting any change in interest rates, amid 3.8% inflation in September and rising sovereign debt yields. The focus will be on how Christine Lagarde addresses France's risk premium, at its highest since 2011 with the 10-year bond at 4.92%, and questions about a possible early exit from her post.
In 30 seconds
- Markets do not expect rate changes, with rates at 2.5%, though analysts point to a hike in December
- France's risk premium has climbed to its highest since 2011, with the 10-year bond paying 4.92%
- Analysts see it as premature to activate the emergency debt purchase mechanism (TPI)
IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.




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