ECB holds deposit rate unchanged at 2.25% on July 23, 2026
Hit
✦ AI-generated prediction
Published on 18. July 2026
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Predicted for 23. July 2026
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Based on: Ongoing Event
The ECB surprised with a 25bp hike to 2.25% on June 11, 2026 — its first tightening since 2023. Markets now price 88–93% probability of a hold at the July 23 meeting (ECB Watch / Morningstar / Piptheory, as of July 18). Without new projections and with the June move still being assessed, a further hike is too high a bar. Lagarde press conference at 14:30 CET.
Data basis for this prediction
- EZB-Pressemitteilung ecb.mp260611: Einlagensatz auf 2,25 % angehoben (11. Juni 2026)
- ECB Watch Tool / Morningstar: 88–93 % Halte-Wahrscheinlichkeit für 23. Juli 2026 (Stand 18.07.2026)
- Piptheory ECB Preview Juli 2026: 'markets pricing ~88% odds it holds at 2.25%' (piptheory.com)
- Morningstar: 'ECB Rate Decision: What to Expect on July 23' (global.morningstar.com, Juli 2026)
Note: This is an AI-generated statistical forecast for entertainment and information purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument.
Verdict: Hit
[Vorzeitig entschieden] EZB hat Einlagensatz am 23. Juli 2026 wie erwartet unverändert bei 2,25% belassen. Alle 74 befragten Ökonomen erwarteten eine Pause; EZB-Marktpreismodell zeigte 95% Wahrscheinlichkeit für Hold. Quelle: ECB Watch, financecalendar.com, mezha.net
📈 Economy
✦ AI
The DAX closed at 25,562 points on September 9, 2026. A gain of +1.7% is required by month-end. Headwinds: ECB rate hike to 2.50% (September 10), 53% FOMC hike probability (September 16), persistently high oil prices (~$101/barrel Brent) weigh on energy-intensive DAX heavyweights. Tailwinds: strong SAP cloud growth expected, robust US demand, EUR/USD at 1.1644 benefits exporters. Implied 30-day volatility (VDAX): ~16%, corresponding to a σ range of roughly ±5.5% by month-end — the 26,000 level falls within the central distribution.
📈 Economy
✦ AI
Polymarket shows a 53% probability for a 25 basis point hike as of September 10, 2026. US Core CPI August 2026 (release September 11) is expected by market consensus to be above 3.0% YoY. The ECB raised its deposit rate by 25 bps to 2.50% on September 10, 2026 – an inflation-fighting signal that provides cover for the Fed. Against a hike: a mild slowdown in US industrial output. CME FedWatch also shows ~53% probability for a hike.
📈 Economy
✦ AI
Bitcoin at $78,136 (September 9, 2026). Kalshi markets assign ~83% probability of BTC touching $100,000 at any point in 2026. Polymarket gives BTC 68% odds to close above $90,000 by year-end. A year-end close above $100,000 (not just a touch) is more demanding: median year-end contract estimates imply ~$81,000. Arguments for >$100k close: historical Q4 seasonality (+49% in Q4 2024, +56% in Q4 2023), ETF inflows, institutional demand. Headwinds: active Fed hiking cycle (~3.75% current funds rate), 10yr yield at 4.86%.