Euro-Zone Inflation Near 2% to Seal Deal on ECB Rate Hold [Yahoo! Finance Canada]
BNP PARIBAS SPONS ADR (BNPQY)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Consumer prices probably rose 2.1% in November from a year earlier, according to the median of 29 forecasts in a Bloomberg survey ahead of Tuesday's release. The underlying measure, which strips out volatile elements such as energy, is seen remaining at 2.4%. Such readings for the final inflation numbers before the European Central Bank's Dec. 18 decision might harden the resolve of policymakers to keep borrowing costs unchanged. That would leave them able to focus instead on their pivotal quarterly forecasts, featuring the first outlook stretching as far as 2028. Officials find themselves in a holding pattern at present, with no clear consensus on what the next move for rates should be. Mixed signals from national reports on Friday might feed that sense of ambiguity, after stronger-than-expected inflation in Germany and Spain was balanced by weaker-than-anticipated numbers for France and Italy. If there's any bias within the Governing Council at pres
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