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Live Updates  >  Live Update Details

2025-12-17 14:58:33

Santander CIB economists believe the ECB's rate-cutting cycle may have ended, but with inflation risks still tilted to the downside in the first half of 2026, the door remains open for further rate cuts. The ECB is unlikely to raise rates in the second half of 2026, but the probability of a rate hike in 2027 increases, as economic activity and inflationary pressures are expected to rise in the second half of 2026, and especially in 2027.

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5.61

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