[Deutsche Bank: ECB Expected to Raise Rates in September, Possibly Again in December] Jin10 News, September 7 – Deutsche Bank currently expects the European Central Bank (ECB) to raise interest rates in September and to implement another 25 basis point hike in December, as ongoing energy risks continue to pressure the inflation outlook. The bank's research department had previously forecast that the deposit facility rate would peak at 2.5% (currently at 2.25%), but now believes these assumptions are being challenged. Despite the persistent conflict in Iran posing upward risks to inflation, the labor market conditions in the Eurozone remain relatively weak, with little evidence so far that broader price pressures are driving wage growth. While the bank now considers 2.75% to be a more likely terminal rate, it notes that a quicker resolution of geopolitical tensions and weaker growth could keep the rate ceiling at 2.5%. Furthermore, without broader inflationary pressures, there is little justification for rates to exceed 3%. The ECB is scheduled to announce its rate decision on September 10, and the market widely expects a rate hike at that time.