Nomura Securities predicts that the European Central Bank's terminal interest rate will rise to 3.00% by March 2027—the most hawkish forecast in the market consensus, 40 basis points higher than the current market price.

2026-06-12

Nomura Securities predicts that the European Central Bank's terminal interest rate will rise to 3.00% by March 2027—the most hawkish forecast in the market consensus, 40 basis points higher than the current market price.