Deutsche Bank predicts consecutive 25bp rate cuts by ECB starting in December

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Deutsche Bank predicts consecutive 25bp rate cuts by ECB starting in December

Deutsche Bank has revised its expectations for the European Central Bank rate cutting cycle ... its going to be faster:

• DB see consecutive ECB 25bp rate cuts, beginning from the 12 December meeting
• DB don't rule out a 50bp cut in December
• Terminal rate of 2 - 2.5% seen mid-2025

This compares to DB's prior forecast of a 25bp rate cut every quarter until terminal rate of 2 - 2.5% at the end of 2025.

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Deutsche Bank predicts consecutive 25bp rate cuts by ECB starting in December

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