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Standard Chartered expects the European Central Bank to raise its deposit rate by 25 basis points to 2.75% in December, reversing its previous call for a pause. This change is due to stronger-than-expected inflation and resilient economic activity.
Standard Chartered anticipates a 25 basis point deposit rate increase by the European Central Bank in December, reversing its prior forecast for a pause. The firm cited stronger-than-expected inflation, resilient economic activity, and higher oil price projections as reasons for the change.
Standard Chartered expects the ECB to deliver a 25 bps rate hike in December 2026 vs. the prior forecast of unchanged rates