Barclays and Bank of America "surrender," Wall Street no longer expects the ECB to cut interest rates in December
I'm PortAI, I can summarize articles.
After the European Central Bank kept interest rates unchanged, Barclays and Bank of America revised their forecasts and no longer expect a rate cut in December. The European Central Bank maintained the key deposit rate at 2% and stated that the current policy is in good shape. Despite economic uncertainties, the Eurozone economy continues to show resilience. The market generally believes that the likelihood of a rate cut in December is extremely low. Barclays expects rates to remain unchanged until the end of 2026, while Bank of America anticipates a 25 basis point rate cut in March next year
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments