UBS has lifted its eurozone inflation projections and now foresees one more rate increase from the European Central Bank in March 2027, Investing.com reports . The bank anticipates price growth reaching a peak of 4% or higher in early 2027, a revision that supports its updated policy expectation. Economists under Reinhard Cluse said they firmly anticipate the ECB keeping its deposit rate at 2.5% during the October 29 gathering. They still project a quarter-point rise to 2.75% in December, a step they had earlier regarded as the terminal level.
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