Forex
globalreutersApril 5, 20241 Mins read
ECB Likely to Start Cutting Rates Once a Quarter Starting June
globalreutersApril 5, 20241 Mins read A Bloomberg survey shows economists anticipating that the ECB will start cutting rates in June with a frequency of once a quarter to reach 2.25% by late 2025 from the current 4%. This is in line with market expectations and is more likely that the ECB will start cutting rates before the Fed.
Markets are currently pricing in 90bps of cuts from the ECB this year compared to 70bps from the Fed.
This article was written by Gina Constantin at www.forexlive.com.
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