ICYMI: Morgan Stanley forecast 75 bp or rate cuts from the European Central Bank in 2024 ...Middle East

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ICYMI: Morgan Stanley forecast 75 bp or rate cuts from the European Central Bank in 2024
Via a note from Morgan Stanley economists last week, in summary:expect 3 25 bp rate cuts from the ECB this yearsay that divergence between the Fed and ECB on rate cuts will be small: "While a certain level of decoupling between the Fed and ECB can occur, we think that it will be limited" MS had been projecting a 50bp rate cut from the ECB in December 2024 but have dialled this back to 25bp. This article was written by Eamonn Sheridan at www.forexlive.com.

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