Euro Is Still Undervalued, JPM's Bilton Says
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Why it matters
JPMorgan's John Bilton believes the euro is undervalued by 7-10% and expects European markets to recover naturally, not just due to fiscal stimulus. He also predicts the European Central Bank will maintain interest rates for the next 6-12 months. This outlook is positive for European markets.
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Expected market reaction
Market impact analysis based on bullish sentiment with 74% confidence.
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- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 22353
Original source
John Bilton, JPMorgan Asset Management global multi-asset strategy head, discusses European markets and the broader economic situation. "We're positive on Europe from its ability to recover naturally, not just from fiscal stimulus," he tells Bloomberg Television. He adds that the euro is still undervalued "probably by the tune of 7 to 10%." Bilton also talks about what to expect from the European Central Bank in the coming months and he says the ECB is likely to "firmly" hold rates for the next six to 12 months. (Source: Bloomberg)
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Original article published by Bloomberg on December 15, 2025. Analysis and insights provided by AnalystMarkets AI.