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June 4, 2026

Financial Forecasts

Market ReportRates Govt BondsFXCommoditiesFinancialsEnergy

SEB's June 2026 report outlines global financial forecasts, projecting interest rate cuts by the Federal Reserve and Bank of England while predicting a decline in Brent oil prices through 2027.

Key Takeaways

  • 1.The Federal Reserve is projected to enter a cutting cycle, lowering rates from 3.75% in June 2026 to 3.25% by Q1 2027.
  • 2.Brent oil prices are forecasted to decline from $95/barrel in mid-2026 to $83/barrel by 2027.
  • 3.European Central Bank (ECB) rates are expected to rise slightly to 2.25% and then remain stable throughout the forecast horizon to 2027.

Table of Contents

  • Central banks
  • Commodities
  • FX
  • Cross rates
  • Forecasts & publications
  • Contacts
  • Germany
  • Sweden
  • Denmark
  • United States
  • Norway
  • United Kingdom
  • 10y spread vs. Germany (constant mat govt yield)

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Authors

Karl SteinerJussi HiljanenBjarne Schieldrop

Securities

EURUSDOil, BrentUnited States 10Y Government BondUSDJPY

Themes

Global Monetary Easing CycleEnergy Price Deflation

Regions

North AmericaEuropeUKUnited StatesGermanyUnited Kingdom