Forex
globalreutersNovember 7, 20241 Mins read
Deutsche Bank now sees base case for ECB terminal rate forecast at 1.50%
globalreutersNovember 7, 20241 Mins read The firm had previously penciled in the ECB to cut interest rates to 2.25% as their base case. So, this is 75 bps lower than that. With potential Trump tariffs on the cards, that’s a key factor that could weigh on the euro area economy next year. So, that in turn creates downside risks to the ECB’s rate outlook as well.
This article was written by Justin Low at www.forexlive.com.
Related Articles
ECB’s Knot: Increasing trade barriers will create more economic risks
Impossible to say where the next shock for the financial system will...
BOE governor Bailey: We do not have a specific equilibrium level of interest rate in mind
Don't expect interest rates to go back to very low levels unless...
ForexLive European FX news wrap: Dollar takes a chill pill, BOE cuts bank rate as expected
Headlines:Dollar gains cool off for the time beingWeekly update on interest rate...
BOE governor Bailey: We still need to see services inflation to come down more broadly
The disinflation process is faster than expectedBut we still need services inflation...
Leave a comment