Institution: Before the Middle East situation becomes clear, the European Central Bank is expected to "hold steady" but retain flexibility

Golden Ten Data reported on March 12 that RBC Capital Markets stated in a report that it expects the European Central Bank to be very cautious at next week's meeting, discussing multiple scenarios and making it clear that all options are open to the ECB. The institution said: "We maintain our forecast of no rate hikes this year, but if the situation in the Middle East becomes clear and assessable, we are ready to adjust these views at any time." According to London Stock Exchange Group data, the currency market is currently pricing in a 40 basis point rate hike in 2026, with a full rate hike expected in July.