1411 GMT - An interest rate increase by the European Central Bank in December looks plausible, eToro's Lale Akoner says in a note. The ECB raised the key rate to 2.5% at Thursday's rate decision, as widely expected, marking its second rate hike in 2026. Nonetheless, markets' expectations of four potential ECB rate increases this year appears excessive, Akoner says. "Europe has yet to see a convincing wage-price spiral" to justify four ECB rate rises in 2026, she says. Investors fully price in one more quarter-point rate hike by December, and a 24% chance of an additional rate increase by year end, LSEG data show.
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