DBS Group Research forecasts a steady ECB deposit rate as policymakers pivot toward a potential December hike while maintaining focus on the 2% inflation target.
DBS expects the ECB to hold its deposit rate while signaling a possible December hike, which could keep EUR/USD range-bound against the US Dollar.
DBS Group Research anticipates the European Central Bank will maintain its current deposit rate in the upcoming policy meeting. Analysts suggest the ECB will signal a potential rate hike for December, leveraging recent stability in France's credit rating to prioritize its 2% inflation mandate.
DBS Group Research expects the ECB to keep rates unchanged while preparing the market for a possible hike in December.