Euro: gradual upside as Fed and ECB converge, says Commerzbank
FROM THE WIRE · FXSTREET.COM
Commerzbank economists, led by Dr. Jörg Krämer and colleagues, expect the Fed and ECB to keep rates unchanged in October but deliver 25 bps hikes in December, with policy then staying slightly restrictive as inflation trends lower into 2027.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishExpected Fed and ECB rate paths shape the EUR/USD outlook and monetary policy direction.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Commerzbank expects the Fed and ECB to keep rates unchanged in October.
- 02They expect 25 bp hikes in December.
- 03Inflation is expected to trend lower into 2027, keeping policy slightly restrictive.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets