Nordea Bank Abp0N4T
± MixedMonetaryrelevance
Nordea's baseline call for two more ECB hikes puts it at odds with more hawkish market pricing, with no clear earnings impact stated.
Impact on stocks 1
Financials
Nordea Bank AbpNordea's team still expects the European Central Bank to deliver two more 25bp rate hikes, in December and March 2027, keeping quarterly increases as its baseline despite more aggressive market pricing. The call puts Nordea at odds with market pricing that has turned more hawkish on the pace of ECB tightening. Nordea sees the two 25bp moves arriving in December and March 2027.
Nordea Bank AbpNordea's baseline call for two more ECB hikes puts it at odds with more hawkish market pricing, with no clear earnings impact stated.