The high inflation that persists longer than expected is leading to the anticipation of new interest rate hikes. The European Central Bank met and decided not only to raise interest rates, but also gave signals that it may do so again at future meetings.
As a direct result of this ECB meeting, public debt interest rates have already registered increases. This rise reflects market expectations regarding the tighter monetary policy that the central bank is adopting to combat inflation.
Furthermore, Euribor rates, which serve as a reference for many loans in Portugal and the euro area, could also rise following these ECB decisions. This possibility directly affects families and companies with mortgage loans or other loans indexed to these rates.
