Deutsche Financial institution has revised its expectations for the European Central Financial institution price reducing cycle … its going to be sooner:
- DB see consecutive ECB 25bp price cuts, starting from the 12 December assembly
- DB do not rule out a 50bp minimize in December
- Terminal price of two – 2.5% seen mid-2025
This compares to DB’s prior forecast of a 25bp price minimize each quarter till terminal price of two – 2.5% on the finish of 2025.
This text was written by Eamonn Sheridan at www.forexlive.com.
