ECB  READY TO ANNOUNCE  CURVE CUT

Started by bosmftha, Dec 12, 2024, 05:12 AM

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🚨🇪🇺ECB  READY TO ANNOUNCE  CURVE CUT
The European Central Bank is  almost certain to cut interest rates today and  announce further easing in  2025, as  eurozone inflation is  almost back  on target and the economy  falters.
Despite cuts  at 3 of  the last 4 meetings,  the debate has shifted to whether it is easing enough to support an economy at risk of recession.
Bank  leaders are likely to back a small 25 basis  point cut, bringing the  base rate to 3%.