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Euro area: War-driven energy shock reshapes ECB path – Commerzbank
Commerzbank’s Dr. Vincent Stamer updates Euro area inflation projections incorporating the Iran War and associated energy shock. The bank expects higher Oil and natural gas prices to push headline inflation above 3% in 2026 before easing back to the ECB’s 2% target by 2027.Fxstreet
Fri, Mar 27
UK: Surveys and GDP outlook – Deutsche Bank
Deutsche Bank’s Sanjay Raja expects a relatively quiet UK data week, with focus on March DMP survey signals around the Iran conflict, inflation expectations, and hiring plans. He forecasts only marginal upside risk to Q4-25 GDP, with the ONS likely confirming 0.1% q-o-q growth.Fxstreet
Fri, Mar 27
ECB’s Müller: The longer the war lasts, the more likely that we will have to respond
European Central Bank (ECB) Governing Council member Madis Müller said in an interview with Econostream that the central bank might need to wait for the release of second-round inflation effects before making any monetary policy adjustment.
Fxstreet
Fri, Mar 27
ECB: Limited hikes despite inflation spike – Commerzbank
Commerzbank’s Jörg Krämer expects the ECB to react to war‑driven energy inflation with at most one additional rate hike. Inflation is projected to rise above 3% by summer before easing, while Eurozone growth is revised down to 0.6% in 2026.Fxstreet
Fri, Mar 27
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