European Central Bank interest rate cut expected today, then to cut by 200bp by July 2025 ...Middle East

Snippet via Bank of America on what's to come from the European Central Bank in the next year:We expect the ECB to finally start its cutting cycle ... with the first 25bp of 200bp by July-2025. We do not expect clear guidance on what's next but remain convinced that an inflation undershoot would force the ECB's hand.Its been a long road higher, turnaround Thursday today! This article was written by Eamonn Sheridan at www.forexlive.com.

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