Deutsche Bank Revises ECB Rate Hike Predictions Amid Energy Risks
13 Articles
13 Articles
Global Market: Deutsche Bank sees ECB rates rising to 2.75% as energy risks persist
Deutsche Bank has raised its peak ECB interest rate projection to 2.75%, forecasting additional 25 basis point hikes in September and December. Persistent energy risks and geopolitical tensions are driving the shift, as economic resilience and elevated inflation keep borrowing costs in the euro zone higher for longer.
Deutsche Bank expects ECB to extend rate hikes through December
Deutsche Bank stated that the European Central Bank (ECB) may continue raising interest rates and that the final interest rate could reach 2.75%.
The ECB expects the ECB to raise interest rates by 25 basis points in December, in addition to a projected increase in September, with continued energy risks and pressures on inflation projections. The Bank previously expected interest to peak at 2.5%, based on the assumption that the shock of energy prices would be short-term and that economic growth would be weaker.
Deutsche Bank has raised its forecast for the European Central Bank and now expects an interest rate hike...
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