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Dahua Bank: The European Central Bank is expected to cut interest rates by another 25 basis points in December
Jinshi Data News on November 21st. Dahua Bank expects that the European Central Bank will once again cut interest rates by 25 basis points at the December meeting. After that, the European Central Bank is expected to make the interest rate move towards neutral according to the quarterly interest rate reduction rhythm. The uncertainty brought by Trump's re-election as President of the United States, the upcoming tariffs, and the US support for Ukraine may affect Europe's economic sentiment. Although the overall inflation outlook still shows a easing of cost pressures, the bank believes that European Central Bank officials may expect inflation to continue to reach the Central Bank's target until next year.