Skip to main content

ECB set for a hold, new r* projections

Further evidence of economic weakness and easing inflationary pressures in this week's data releases suggest that a "hold" is now a done deal for next week's ECB's meeting. Meanwhile, the tentative signs that wage pressures are easing in the last Indeed job posting data will not be enough for policymakers to even begin to consider loosening policy. Next week, we expect more evidence that the euro-zone economy is struggling from the business surveys for October and Spanish Q3 GDP data. Otherwise, the Swiss federal election this Sunday is unlikely to change the outlook for economic policy.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access