The ECB last week cut the deposit rate by a quarter point to 3%, the fourth such move since June. Officials have indicated that more steps will follow, though the differ on how many will be ...
At its meeting on December 12, the European Central Bank delivered its fourth ratecut of 2024 alongside updated guidance that indicates rate-setters are ready to move away from the current ...
Money markets are already pricing in a full percentage point of ratecuts by the ECB in 2025, which would bring the deposit facility rate to 2%—its lowest level since January 2023.