ECB expected to cut rates by 25 bps next week - poll ...Middle East

73 of 75 economists predict a 25 bps rate cut for DecemberThe remaining 2 economists predict a 50 bps rate cut instead51 of 67 economists expected deposit rate to be at 2% or lower by the end of 2025For some context, the current deposit rate is at 3.25%. So, to expect rates of at least 2% or lower means that majority of the economists polled are expecting the ECB to cut rates by at least four times next year. Looking out to June next year, markets are pricing in ~134 bps of rate cuts already (including the upcoming December decision).From the poll: This article was written by Justin Low at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( ECB expected to cut rates by 25 bps next week - poll )

Also on site :

• Beloved brand ends controversial 50 cent fee on popular breakfast staple as it gets ahead of Waffle House
• Wimbledon: Naomi Osaka loses to Anastasia Pavlyuchenkova in the 3rd round
• Major power outage hits EU country