Group 1 - The European Central Bank (ECB) is expected to keep interest rates steady at 2% for an extended period, potentially into 2026, with some forecasts suggesting a future rate hike [1][2][3] - ECB President Christine Lagarde indicated that inflation is at the desired level and the domestic economy remains solid, leading UBS Global Wealth Management to revise its forecast for a December rate cut [2][3] - Traders are pricing an 84% probability that the ECB will maintain current rates until the end of 2025, with expectations for a rate increase in 2026 from institutions like TD Securities and Deutsche Bank [3][4] Group 2 - J.P. Morgan has adjusted its forecast for a 25-basis-point cut to December, while other firms like Barclays and Morgan Stanley still anticipate a quarter-point cut in the same month [4] - The ECB's inflation outlook remains uncertain, with Lagarde stating that economic risks are more balanced compared to previous assessments [3][4]