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via fxstreet.comEconomy

ECB: Nomura expects deposit rate held at 2.50% on 29 October

FROM THE WIRE · FXSTREET.COM

Nomura’s Andrzej Szczepaniak, George Buckley and Josie Anderson expect the ECB to keep the depo rate at 2.50% on 29 October, maintaining current quantitative tightening guidance.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishAn ECB policy rate decision can significantly move the euro and European bond markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nomura expects the ECB to keep the deposit rate at 2.50% on 29 October.
  2. 02Current quantitative tightening guidance is expected to be maintained.
  3. 03According to the note, markets overprice a December hike path.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1228+0.05%today -0.06%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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