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Fed, ECB, inflation: the great monetary policy turning point in 2026

AB

Alexandre Bertin

Head of Economic Research · March 28, 2026 · 8 min read

The Fed holds rates at 4.25% amid gradual disinflation, while the ECB begins a cautious easing cycle. This divergence reshapes the opportunity map for 2026.

We recommend overweighting long-duration European sovereigns, exposure to European value and financial equities, and partial dollar hedging.

Category : Markets