The ECB implemented its fourth 25bp cut, taking the deposit rate to 3.00%. The policy statement was slightly more dovish, reflecting a somewhat weaker growth outlook and increasing confidence that ...

We expect a hawkish cut in December. This means a 25 bps cut, accompanied by indications that the FOMC is going to slow the pace of rate cuts in 2025.

The relevance of the currency war theme may also extend to the Eurozone in 2025.

Please enter the email address of the person you’d like to share the article with. The article is then sent to the recipient, and a copy of it (cc) to you. Invalid email address. Email is required.