JP Morgan pushes next ECB rate cut forecast to October from September previously ...Middle East

Of note, the likes of Deutsche, Citi, Barclays, and Nomura had forecast the terminal rate for 1.50% going into the meeting decision yesterday. Meanwhile, JP Morgan is joined by the likes of Commerzbank, Goldman Sachs (now changed to 2%), Societe Generale, UBS, and Danske in forecasting a terminal rate of 1.75%.

This article was written by Justin Low at investinglive.com.

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