ECB Seen Raising Rates Twice in 2026 as Eurozone Inflation Rebounds
BNP Paribas forecasts inflation rising to 3.3% by 2027, prompting two 25 bp ECB hikes next year to 2.5%. Eurozone inflation is projected to rebound to 3.0% in 2026 and 3.3% in 2027, up from 2.1% in 2025, according to economists. This surge is expected to trigger two 25-bas