External broker reports, Nordea

Nordea

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External broker reports

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>The ECB kept rates unchanged at 2% at the December meeting,and the new staff forecasts further strengthen the picture of a central bank firmly on hold.</li><li>Services inflation has proved stickier than expected, leading to higher expected inflation next year, while growth forecasts have been revised higher.</li><li>With both core and headline inflation seen at 2% in 2028, the ECB can be happy with the current monetary policy setup.In the Q&amp;A, Lagarde repeated that monetary policy remains in a good place, but all optionality should be maintained.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The ECB kept rates unchanged at 2% at the December meeting,and the new staff forecasts further strengthen the picture of a central bank firmly on hold.Services inflation has proved stickier than expected, leading to higher expected inflation next year, while growth forecasts have been revised higher.With both core and headline inflation seen at 2% in 2028, the ECB can be happy with the current monetary policy setup.In the Q&amp;A, Lagarde repeated that monetary policy remains in a good place, but all optionality should be maintained.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

ECB Watch: Rates nailed to 2%