BofA delays ECB rate cut forecast to March 2026 amid economic data By Investing.com
Update: 2025-11-03
Description
Bank of America's revised forecasts suggest the European Central Bank may delay interest rate cuts until March 2026, citing stronger economic growth and higher inflation. This shift, however, raises concerns about potential costs to households and businesses, as borrowing remains expensive. The bank now predicts tighter monetary conditions for several more years, adding uncertainty to the outlook for borrowing costs, savings, and growth across the eurozone.
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