FW Desk News
FreightWatch.News
Wednesday, November 4, 2026
The European Central Bank will probably raise interest rates in December, according to Governing Council member Joachim Nagel, who cited deteriorating inflation outlooks. Separately, Bank of France Governor Emmanuel Moulin said the institution may revise down its 2026 economic growth forecast following unexpected contraction in the third quarter. Euro-area wage growth is poised to slow sharply, which could ease inflation pressures over time. Trade and tariff policies have also widened deficits and constrained hiring across major economies, complicating central banks' efforts to balance price stability with economic growth.
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