This post was originally published on this site
The European Central Bank is in no position to skip a month of rate increases, not just yet.
The ECB on Thursday is expected to increase its key rate by a quarter-point, taking rates to 3.5%, bringing the cumulative increases to 4 percentage points this cycle.
The ECB rate decision comes at 2:15 p.m. Central European time (8:15 a.m. Eastern),…