IMF Forecasts at Least One More ECB Rate Hike in 2026 to Combat Inflation

The International Monetary Fund (IMF) indicated on Friday that the European Central Bank (ECB) is likely to implement at least one additional 25 basis point interest rate hike this year to address high inflation. This forecast was part of the IMF's regular report for Europe. The ECB had previously raised rates by 25 basis points in both June and September.