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Institution: European Central Bank may cut interest rates by 25 basis points in December

Summary: According to Jinshi News, analysts Alain Durre and Hadrien Camatte from French bank Natixis stated in a report that the European Central Bank may still cut interest rates by 25 basis points in December, if the slowdown in the labor market is more severe than expected, and inflation remains significantly below target due to falling ...

According to Jinshi News, analysts Alain Durre and Hadrien Camatte from French bank Natixis stated in a report that the European Central Bank may still cut interest rates by 25 basis points in December, if the slowdown in the labor market is more severe than expected, and inflation remains significantly below target due to falling energy prices and further appreciation of the euro. The analysts mentioned that there is a 60% probability of the European Central Bank making its final interest rate cut in December, with the deposit rate expected to be 1.75% at that time. It is anticipated that the European Central Bank will maintain policy rates unchanged on Thursday, with the deposit rate staying at 2.00%.

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