Traders now believe there is a greater than 60% chance that the European Central Bank will raise interest rates before May, and the market expects a cumulative increase of about 70 basis points by 2026, up from about 50 basis points on Wednesday.

2026-03-20

Traders now believe there is a greater than 60% chance that the European Central Bank will raise interest rates before May, and the market expects a cumulative increase of about 70 basis points by 2026, up from about 50 basis points on Wednesday.