Peak rates at 3.75% for the ECB and 5.25% for the BoE – Nomura

Peak rates at 3.75% for the ECB and 5.25% for the BoE – Nomura ECB BOE InterestRate Banks

Both the BoE and ECB have become more data dependent

“We thus forecast peak rates at 3.75% for the ECB and 5.25% for the BoE. We assume rate cuts from both central banks a little over a year after the last hike .”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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