The bank has revised its 2025 euro area GDP growth forecast higher, from 0.5% to 0.8%, citing the economy’s resilience despite the drag from U.S. tariffs. Still, it continues to expect inflation to fall below the ECB’s 2% target in 2025 and sees scope for further rate cuts — though it concedes the case for a 1.50% terminal rate is weakening.
The evolving policy mix, shaped by geopolitical developments and structural spending shifts, may ultimately support a more hawkish ECB path than markets currently price.
European Central Bank deposit rate cut cycle so far. A cut is expected today to 2%.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Deutsche Bank is maintaining its call for a 1.50% ECB terminal rate, but notes upside risk )
Also on site :