UBS adds March 2027 ECB rate hike to forecast on higher inflation outlook
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- UBS now expects the European Central Bank (ECB) to deliver an additional rate hike in March 2027, after revising its eurozone inflation outlook higher and projecting price growth to peak at 4% or above in early 2027. Still guessing which stocks will beat the…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA bank forecast of a further ECB hike, relevant for euro-area yields and the euro.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01UBS expects an additional ECB hike in March 2027 after raising its inflation outlook.
- 02Economists firmly expect the deposit rate to stay at 2.5% at the October 29 meeting.
- 03A 25-basis-point hike to 2.75% is still expected in December.