Research Detail
| 2024/10/11 / Erste Group Research |
ECB to cut key interest rates further The ECB Governing Council will meet next week on Thursday (October 17). Based on the recent economic data anything other than a further 25bp rate cut would be a big surprise. A rate cut is now almost 100% expected on the markets. On the markets, supported by weak sentiment indicators and a rapid fall in the inflation rate in September, expectations have shifted towards faster interest rate cuts in the coming year. For the time being, we do not expect the ECB to move away from its focus on the incoming data and will not commit to an interest rate path. |
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General information
| Author | Erste Group Research |
| Date | 2024/10/11 |
| Language |  |
| Product name | Week ahead |
| Topic in focus | Macro/ Fixed income |
| Economy in focus | Eurozone, United States |
| Currency in focus | Euro, US Dollar |
| Sector in focus | - |
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