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Report: European Central Bank is very likely to cut interest rates by 25 basis points next week
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2024-12-06 00:02 8,279
Golden Finance reported that Ulrike Carstens, an economist at German asset management company DWS, said in a report that the European Central Bank may cut the deposit rate by 25 basis points to 3.00% next Thursday instead of choosing A more substantial rate cut of 50 basis points. The economic outlook for the euro zone has deteriorated, while the outlook for inflation has improved more than expected, although this is not enough for the central bank to cut interest rates significantly. LSEG data shows that money markets currently believe that the possibility of the European Central Bank cutting interest rates by 25 basis points is 87%, and the possibility of cutting interest rates by 50 basis points is 13%.
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