Forex
globalreutersJune 5, 20241 Mins read
European Central Bank interest rate cut expected today, then to cut by 200bp by July 2025
globalreutersJune 5, 20241 Mins read Snippet via Bank of America on what’s to come from the European Central Bank in the next year:
- We expect the ECB to finally start its cutting cycle … with
the first 25bp of 200bp by July-2025. - We do not expect clear guidance
on what’s next but remain convinced that an inflation undershoot
would force the ECB’s hand.
Its been a long road higher, turnaround Thursday today!
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
Germany February construction PMI 41.2 vs 42.5 prior
German construction activity eased back in February, with incoming new work continuing...
USD/JPY sellers look to make a play to start European trading
The pair has been poking and prodding at the December low of...
German stocks lead the way again in Europe at the open today
Eurostoxx +0.6%Germany DAX +0.9%France CAC 40 +0.5%UK FTSE -0.1%Spain IBEX +0.5%Italy FTSE...
What are the main events for today?
We don't have much in the European session except a couple of...
Leave a comment