European Central Bank: September hike with cautious path – TD Securities

European Central Bank: September hike with cautious path – TD Securities

Source: EODHD - https://www.fxstreet.com/news/european-central-bank-september-hike-with-cautious-path-td-securities-202609031240
Published: Sep 03, 2026 8:40 AM

TD Securities’ macro team, including Pooja Kumra, expects the ECB to raise the deposit rate by 25bp to 2.50% in September. They see limited forward guidance, with the Governing Council reiterating its data-dependent, meeting-by-meeting approach.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.