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Markets place near 50-50 odds on another ECB hike in October

The split odds come after an ECB statement was viewed as hawkish, leaving investors uncertain about the timing of any additional rate rise.

Reported · Written up by our desk · Central Banks

Financial markets are split almost evenly on whether the European Central Bank will raise interest rates again in October, according to MarketWatch.

The uncertainty follows an ECB statement issued Thursday that investors interpreted as being hawkish, shifting expectations toward further tightening.

With probability roughly balanced, the market debate centers on whether the ECB will act again next month or hold rates steady after the recent communication, MarketWatch said.

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