European Central Bank to cut by 25bp in June, September, October and December 2024 ...Middle East

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European Central Bank to cut by 25bp in June, September, October and December 2024
source : forex live ( Middle East ) () 13
Via a Bloomberg (gated) survey of analyst expectations for the European Central Bank's depo rate this year. economists surveyed see a 25bp rate cut in June, September, October and December bringing the deposit rate to 3%the December 2023 survey had 3 rate cuts expected meanwhile market pricing is showing around 6 cuts priced in, beginning in AprilWhile that’s one more move than expected in last month’s survey, it’s still more conservative than the six, starting April, that investors are pricing. ---Some ECB officials are pushing back:ECB's Holzmann says should not count on rate cuts at all this yearECB's Nagel: It is too early to talk about rate cuts This article was written

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