Benjamin Melman, CEO of asset management company Edmond de Rothschild, said that it is extremely unlikely that the ECB will raise interest rates in 2026. “We don't believe this will happen.” He pointed out that against the backdrop of Germany launching a large-scale fiscal expansion plan after years of economic weakness and France's difficult fiscal situation, it was a “crazy move” to raise interest rates so quickly. According to LSEG data, the money market is currently not pricing any interest rate hikes by the ECB in 2026.

Benjamin Melman, CEO of asset management company Edmond de Rothschild, said that it is extremely unlikely that the ECB will raise interest rates in 2026. “We don't believe this will happen.” He pointed out that against the backdrop of Germany launching a large-scale fiscal expansion plan after years of economic weakness and France's difficult fiscal situation, it was a “crazy move” to raise interest rates so quickly. According to LSEG data, the money market is currently not pricing any interest rate hikes by the ECB in 2026.